Retail stocks saw some of their biggest 2019 losses in just the last couple of months.
But our top retail stock is on the brink of a huge catalyst. Growth in the retail sector slowed year over year this past August.
Sales increased by only 0.6%, compared to the 4.1% year-over-year increase the same time last year.
Some will chalk this downtrend to increased competition from digital retailers like Amazon.com Inc. (NASDAQ: AMZN).
And there might be some evidence to support that brick-and-mortar is in danger.
But our best retail stock pick puts that to bed.