Nike, Lululemon and TJX Cos. Seen as Top Investments for 2020

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Nike, Lululemon and TJX Cos. Seen as Top Investments for 2020
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These are the top stock picks for 2020.

In the firm’s annual outlook, Jane Hali & Associates LLC highlighted top stock picks for 2020 as well as some of the underpinning consumer trends that are expected to drive spending this year.

Hali also said the athletic segment will remain key this year. “The ath-leisure apparel and non-performance sneakers are used for full lifestyle dressing,” Hali said in her report. “The umbrella trend here involves wellness and comfort.” In regard to Nike, Hali said the athletic brand giant continues to “gain momentum in the sportswear market across sneakers and apparel” while also driving growth in “DTC channels, international and the women’s market.” JHA noted in the report that Nike offers “an excellent experience in-store and online” and it also does “a great job at localization globally and creating newness across all channels.

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