The following video is part of our "Talking Stocks" series, in which Motley Fool analyst Austin Smith discusses trends across the investing universe.
In today's edition, Austin talks about the impressive retail sales numbers recently released by The Commerce Department. The growth is encouraging for the broad market as February saw the largest sales jump in five months. Austin was most impressed with the auto component of this performance. One of the major reasons for the growth in retail sales was warm weather, which isn't necessarily replicable from one year to the next. Although the economy is certainly showing true signs of organic strength, Austin likes the auto sector, particularly Ford
The Motley Fool owns shares of Ford Motor and Amazon.com. Motley Fool newsletter services have recommended buying shares of Amazon.com, Ford Motor, and General Motors. Motley Fool newsletter services have recommended creating a synthetic long position in Ford Motor. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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