The S&P 500 index has rocketed to new highs this year, but not all companies in all industries have seen their shares hit new highs. The retail sector has underperformed the broader market over the last three years, but that means there are compelling retail growth stocks selling at very reasonable valuations relative to their future potential.
Here are three companies that operate in growing markets like beauty and athletic wear. The S&P 500’s historical average annual return is about 10%, but these hot brands are growing their revenue at much higher rates, and their stocks trade at fair valuations that should allow an investor buying shares today to easily outpace the broader market.
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