An early holiday shopping forecast makes us glad we own two of the best retail stocks

TJX Companies (TJX) and Costco (COST) are stand-out names that can attract consumers in a beaten-down retail environment.

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Jun 18, 2023 - 21:03
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An early holiday shopping forecast makes us glad we own two of the best retail stocks

Shoppers come and go the TJ Maxx store at the Mall at Prince George's on August 17, 2022 in Hyattsville, Maryland.

Chip Somodevilla | Getty Images

Americans are expected to spend less this holiday season and seek out discounts, according to a new CNBC survey of retail logistics managers. This desire to save money during a time when most people have to shop would favor TJX Companies' (TJX) off-price brands and Costco's (COST) bargain prices.