Time to get ‘aggressive’ on these stocks, says Wells Fargo

An employee, right, helps a customer change a license plate bulb outside an AutoZone store in Princeton, Illinois.

Daniel Acker | Bloomberg | Getty Images

According to Wells Fargo, a group of stocks that were produced as pandemic-era winners could be prepared for another push.

Hardline retail – auto parts and home improvement, in particular – has seen sales hold up or even increase during the pandemic, but many have seen their stock prices slow in recent months. As other sectors have caught up, it’s time for investors to pick up on those names, Wells Fargo said in a note to clients.

Leave a Reply

Your email address will not be published. Required fields are marked *