Jon Najarian Believes In U.S. Consumer (RSH, ANF)

Symbols: RSH, TJX
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The OptionMonster.com co-founder Jon Najarian said on CNBC's Fast Money that he believes in the retail sector and that he is long RadioShack Corporation (NASDAQ: RSH), Abercrombie & Fitch, and TJX Companies (NYSE: TJX).

Jon Najarian thinks that U.S. consumers are going to continue to spend, and those who bet against U.S. consumers are foolish.

Joe Terranova added that people underestimate affluent consumers who are the providers of resiliency for retail names.


 
 
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