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Top 3 retail stocks to buy in January 2022


Stocks have started the year well, with the S&P 500 index rising to a record high. Retailers have continued to perform well as the market reflects on the strong holiday season. In this article, we will look at the top 3 retail stocks to buy in January 2022.

Lululemon Athletica

Lululemon (NASDAQ: LULU) is a leading Canadian retailer valued at $50.6 billion. The company sells athleisure items through its global chain of stores and digital devices. 

Lululemon has been in a strong growth path in the past few years. Its annual revenue has increased from $2.34 billion in 2017 to $5.87 billion in the past twelve months. It has also become a more profitable company as its net income is quickly approaching $1 billion. This explains why the Lululemon stock price has risen by 240% in the past three years.

Lululemon is expected to do well this year as investors focus on the ongoing reopening, which will lead to more demand for athleisure products. 


Tapestry (NYSE: TPR) is a leading American retailer that is known for luxury brands like Kate Spade, Coach, and Stuart Weitzman. It has a market capitalization of about $11 billion and annual revenue of more than $5 billion. It is a highly profitable company whose net income has risen to more than $800 million.

Tapestry and other luxury brands have done well recently because of the great wealth that has been created during the Covid-19 pandemic. The number of billionaires and millionaires has increased even as ordinary people have gotten poorer.

The Tapestry stock price rose by 32% in the past 12 months as demand for its products rose. This trend will likely continue this year.


Target (NYSE: TGT) is one of the biggest American retailers. It has more than 1,800 stores across the US and its e-commerce operations are among the biggest. 

Like other retailers, Target has done well during the Covid-19 pandemic. Its total revenue has increased from about $67 billion in 2017 to more than $93 billion in 2021. Its net income has also jumped to more than $5 billion.

This explains why the Target stock price has done well in the past few months. The stock jumped by 33% in the past 12 months, bringing its market cap to $111 billion. Target will likely keep doing well in the next few months.

The post Top 3 retail stocks to buy in January 2022 appeared first on Invezz.

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