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Deutsche Bank published its Black Friday Report today which indicates increased traffic over past years.
In a note to clients, Deutsche Bank writes, "Key findings include over 50% of hardline stores for which we have data being judged as busy. This is up strongly from past years which were in the 36%- 37% range. We believe the increase in traffic versus previous years is in keeping with recent strong retail sales performance as well as anecdotal indications of good weekend traffic."
Deutsche Bank's top 5 industry picks are:
Best Buy (BBY.N),USD44.75 Buy
Big 5 Sporting Goods (BGFV.OQ),USD13.28 Buy
Dollar General (DG.N),USD32.74 Buy
Dick's Sporting Goods (DKS.N),USD34.73 Buy
Family Dollar Stores (FDO.N),USD50.67 Buy
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Posted In: Analyst ColorAnalyst Ratingsbest buyBig 5 Sporting GoodsDeutsche Bankdick's sporting goodsdollar generalFamily Dollar Stores
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