Advertisement
Singapore markets closed
  • Straits Times Index

    3,293.13
    +20.41 (+0.62%)
     
  • S&P 500

    5,060.63
    -9.92 (-0.20%)
     
  • Dow

    38,355.80
    -147.89 (-0.38%)
     
  • Nasdaq

    15,713.72
    +17.08 (+0.11%)
     
  • Bitcoin USD

    64,803.51
    -1,874.98 (-2.81%)
     
  • CMC Crypto 200

    1,408.13
    -15.97 (-1.12%)
     
  • FTSE 100

    8,032.93
    -11.88 (-0.15%)
     
  • Gold

    2,346.60
    +4.50 (+0.19%)
     
  • Crude Oil

    82.88
    -0.48 (-0.58%)
     
  • 10-Yr Bond

    4.6500
    +0.0520 (+1.13%)
     
  • Nikkei

    38,460.08
    +907.92 (+2.42%)
     
  • Hang Seng

    17,201.27
    +372.34 (+2.21%)
     
  • FTSE Bursa Malaysia

    1,571.48
    +9.84 (+0.63%)
     
  • Jakarta Composite Index

    7,174.53
    +63.72 (+0.90%)
     
  • PSE Index

    6,572.75
    +65.95 (+1.01%)
     

Want to Invest in a Retail Stock? Ask This Question First.

Want to Invest in a Retail Stock? Ask This Question First.

Retail is a tough business in any economic climate. A small number of retailers -- think Costco (NASDAQ: COST) and Amazon (NASDAQ: AMZN) -- manage to build up durable competitive advantages over the course of decades. Consumer electronics retailer Best Buy (NYSE: BBY) goes for around 13 times earnings, department store Macy's (NYSE: M) trades for less than 5 times earnings, and grocery chain Kroger (NYSE: KR) changes hands for roughly 14 times earnings.