Rail Cargo Thefts, Flick's Picks & Go Buffalo Bills!
Rail Cargo Theft, up 200%, is concomitantly causing massive retail out-of-stocks, compromising consumers and catalyzing a recession, as Burt Flickinger discussed on his weekly "Retail Roundup" on MORNINGS with MARIA. We also talked about Kohl's, and how it is in good hands with Goldman Sachs, which has the best research & analytics and the most accomplished retail investment team to monetize Kohl's assets.
Also: BJ's Wholesale Club leads Burt's "Flick's Picks" this week, as a great operator now also benefiting from increased gas prices and food inflation. Lowes & Tractor Supply meanwhile are prospering not only because of housing starts but also massive storms en seriatim, as reported by FoxWeather.com, accelerating demand for home repair. On the food side, Ingles Supermarkets & Sprouts are recommended while O'Reilly Auto Parts is benefitting as people are fixing up their older vehicles because of new/used car shortages. Finally: Rising oil prices are affecting consumer confidence and retailers are passing along inflation, putting a rain cloud over the economy for the foreseeable future.
And: Go Buffalo Bills! Hopefully they are Super Bowl bound, in honor of the late, great Tim Russert!