Retail sales are a dicey call right now. We don't know how anyone's really doing. I like to use the Adobe (ADBE) numbers, which were strong, and I like to rely on Brian Sozzi's reporting, which is excellent.
But one thing is certain: For years, we have already gotten the verdict by now -- retail's bad. It didn't matter if it ultimately turned out to be good. What matters is that the snap judgment -- even when there are barn-burner seasons -- has always been that it's a bust.
Except this time.
This time we have actual data that show things might be better.
My take with this group is that you hold on. The best are TJX (TJX) , Ross (ROST) , Burlington (BURL) and Children's Place (PLCE) . If their stocks come down, they represent the best opportunities. (Adobe and TJX are part of TheStreet's Action Alerts PLUS portfolio.)
I wouldn't buy Williams-Sonoma (WSM) unless it was really hammered. Have to steer clear of Urban Outfitters (URBN) . And don't even think about Sears-Kmart (SHLD) , which shouldn't even be in business.