The 3 Largest Retail Apocalypse-Proof Stocks in 2020

The 3 Largest Retail Apocalypse-Proof Stocks in 2020

The retail apocalypse has wiped out thousands of stores over the past decade, due to the over-expansion of malls, cascading damage from the 2008-09 Great Recession, and competition from superstores and online marketplaces. The retail situation seems dire -- but not all retailers are being crushed. Let's examine three large-cap retail stocks that are bucking the secular decline -- Amazon (NASDAQ: AMZN), Best Buy (NYSE: BBY), and Target (NYSE: TGT) -- and see why they belong in your portfolio.