Add “Strong Bullish” Style to Your Portfolio With 1 Apparel Stock

Confident consumers are a massive tailwind… [Turn Your Images On] [Add “Strong Bullish” Style to Your Portfolio With 1 Apparel Stock]( - We all have our own style when it comes to clothes. - Revenue from global apparel sales will increase by 26.7% from 2022 to 2027. - Today’s Power Stock will take a good portion of that pie and rates “Strong Bullish” on Green Zone Power Ratings. [Turn Your Images On] [Matt Clark, Chief Research Analyst]( Anyone who sees me in [Mike Carr’s Trade Room]( every day knows I stick to a particular style of clothing. Most days, you will catch me wearing some random soccer jersey. That’s just my thing. It isn’t all I wear … I’ll toss on a suit if I need something more formal or a T-shirt and shorts if I’m doing work around the house. But soccer jerseys are my go-to for everyday wear. Everyone has their own style they wear for work or leisure. But one thing’s for certain: No matter the style, we are always in search of new clothes or accessories. Today, I will dive into the trend of apparel sales worldwide and show you how Adam O’Dell’s proprietary Green Zone Power Ratings system identified one high-flying clothing stock worth considering for your portfolio. Global Retail Sales Continue to Rise With higher inflation pushing the cost of goods and services up, there’s a fear that industries like retail could suffer. The fear is rooted in the fact that, faced with a choice between the mortgage and a new pair of shoes, we’ll choose the mortgage every time. Inflation has started to subside here in the U.S., and the fear of slumping retail sales has gone by the wayside. The Conference Board reported its Consumer Confidence Index jumped from 102.5 in May [to 109.7 in June]( — its highest level since January 2022. That tells me we are more confident of economic conditions here than we have been in a while. And clothing sales are reflecting that confidence too: [Turn Your Images On] [(Click here to view larger image.)]( In 2022, clothing sales globally reached $1.5 trillion. By 2027, eMarketer expects sales to top $1.9 trillion — a 26.7% increase in four years. Today’s Power Stock will not only grab a significant slice of this pie, but also rates “Strong Bullish” on our Green Zone Power Ratings system. --------------------------------------------------------------- [Turn Your Images On]( [GPT-4 vs. X.AI: The Race of the New AI Giants]( The smart money investors all know AI is the wave of the future and could mean huge profits for anyone involved. AI has been called the biggest new industry of the 21st century. Experts are projecting it will be worth a staggering $80 trillion over the next 10 years. And right now, Chief Investment Strategist Adam O’Dell is revealing his favorite X.AI stock you should check out today. [Click here to see the full story now.]( --------------------------------------------------------------- Urban Outfitters Poised for Continued Growth Urban Outfitters Inc. (Nasdaq: URBN) rates 92 out of 100 on our proprietary Green Zone Power Ratings system. That means we are “Strong Bullish” on the stock and expect it to outperform the broader market by 3X over the next 12 months. [Turn Your Images On] [(Click here to view larger image.)]( The company‘s brands include Anthropologie, BHLDN, Free People, Terrain and Urban Outfitters across retail stores and websites. It also operates Nuuly, a subscription service that offers women’s clothes for a monthly fee. URBN rates highly on Momentum (95) as the stock has jumped more than 64% over the last 12 months. For comparison, stocks in the apparel and accessories industry have averaged a 16.5% climb during the same time. The stock rates a 91 on Value with price-to ratios (earnings, sales, cash flow and book value) all lower or in line with its industry peers. It also earns a “Strong Bullish” rating on Quality with a net margin of 3.7% compared to an industry average of -0.1%. Its operating margin is also higher than its industry peers. Bottom line: Apparel sales continue to climb around the world. Urban Outfitters’ stock has outperformed its peers and the broader market over the last 12 months and remains a strong value for investors. These are reasons why URBN is a compelling addition to your portfolio. Until next time! Safe trading, [Matt Clark signature] Matt Clark, CMSA® Chief Research Analyst, Money & Markets --------------------------------------------------------------- Check Out More From Stock Power Daily: - [A GREEN ZONE POWER EARNINGS PREVIEW (EBAY & MSFT RATINGS)]( - [1 STOCK TO RIDE THE $18 BILLION RV RENTAL BOOM]( - [CRAMER’S CRITICS ARE LAUGHING THEIR WAY TO LOSSES]( Privacy Policy The Money & Markets, P.O. Box 8378, Delray Beach, FL 33482. To ensure that you receive future issues of Money & Markets, please add info@mb.moneyandmarkets.com to your address book or [whitelist]( within your spam settings. For customer service questions or issues, please contact us for assistance. The mailbox associated with this email address is not monitored, so please do not reply. Your feedback is very important to us so if you would like to contact us with a question or comment, please click here: [( Legal Notice: This work is based on what we've learned as financial journalists. 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