BUY HOLD SELL - JBH
Why look at JB Hi-Fi? We’re coming into the Christmas shopping period, a critical time for retailers, and there are few stocks that highlight the threats and opportunities within the sector like JBH.
JBH has been a well-run, strongly performing discount retailer but, like a lot of other retailers, is under the threat of constant and ever changing competition, disruption due to a shift in consumer behaviour (online shopping), a weakening housing market, anaemic wage growth, and soft consumer spending.
And, if that wasn’t enough, Amazon is the 800-pound gorilla threatening to decimate competitors.
The retail sector is in focus this time of year because if investors believe that shoppers have been stuffing their stockings, they will...Continue Reading