Despite prevailing negative sentiments, any drawdown in fundamentally strong retail stocks Torrid Holdings Inc. (CURV), The Aaron's Company, Inc. (AAN), and Envela Corporation (ELA) is expected to be temporary. Moreover, trading at attractive valuations, these stocks have limited downside risk and significant upside potential that bargain hunters could capitalize on when the tide turns.
Despite a slight moderation in inflation during March, as reported yesterday, the minutes of the FOMC’s March meeting released yesterday didn’t make for good reading for investors and other market participants.
