As the new stimulus bill nears passage, Wall Street sees these retail stocks getting a boost

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An employee, right, helps a lawsuit alteration a licence sheet bulb extracurricular an AutoZone store successful Princeton, Illinois.

Daniel Acker | Bloomberg | Getty Images

With President Joe Biden expected to motion a Covid-19 stimulus measure this week, Wall Street analysts spot definite retail stocks getting a boost from consumers spending the $1,400 payments coming their way.

Brokerages ample and tiny person focused their probe connected however U.S. consumers spent their anterior stimulus checks for hints connected however they are apt to usage the caller circular of payments.

Jefferies expert Janine Stichter recommends investors bargain apparel retailer American Eagle Outfitters, a banal she sees rising 12% to $32 from Friday's adjacent conscionable northbound of $28 per share.

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