2 Top Retail Stocks I'd Buy Right Now Without Hesitation

By Matt Frankel and Tyler Crowe – Apr 10, 2024 at 6:22AM

NYSE: SKT

Tanger

Market Cap

$3B

Today's Change

(-0.07%) -$0.02

Current Price

$28.59

Price as of April 29, 2024, 3:08 p.m. ET

Don't be afraid of brick-and-mortar retail. These two stocks have tons of upside potential.

Many investors are understandably reluctant to invest in retail, as the surge in e-commerce and economic uncertainty have hurt several high-profile retailers. But there are some excellent choices in the space that are trading rather cheaply. In this video, Fool.com contributors Tyler Crowe and Matt Frankel discuss why they think Tanger Factory Outlet Centers (SKT -0.07%) and Simon Property Group (SPG 1.15%) are worth a closer look right now.

*Stock prices used were the afternoon prices of April 8, 2024. The video was published on April 9, 2024.

Matt Frankel has positions in Simon Property Group and Tanger. Tyler Crowe has positions in Tanger. The Motley Fool recommends Simon Property Group and Tanger. The Motley Fool has a disclosure policy. Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.