2 Retail Stocks to Buy Before the Holidays

Amazon (NASDAQ: AMZN) and Target (NYSE: TGT) are entering the holidays with healthy inventory levels, which could lead to surprise earnings results when these companies report holiday results in a few months. This time a year ago, Amazon entered the holiday quarter with inventory up just 15.8% over the same period in 2019. This year, Amazon's inventory was up 30% year over year entering the fourth quarter, which shows the progress it has made to expand capacity amid supply chain disruptions.