10 Best Clothing Stocks To Invest In Now

1. Torrid Holdings, Inc. (NYSE:CURV)

Analyst Upside: 42.33%

Number of Hedge Fund Holders: 12

Torrid Holdings, Inc. is a direct-to-consumer brand of apparel, intimates, and accessories that operates in North America. It designs, develops, and merchandises almost all of its products in-house, and operates under the brand names CURV, Torrid Curve, Torrid, and Lovesick. The company is focused on fit, and offers apparel items across an elaborate assortment. It operates around 655 stores in the United States, Canada, and Puerto Rico.

Torrid Holdings, Inc. has several strategies in place for its business transformation. The first phase of its transformation focuses on driving operational excellence, and is almost complete. Phase 2 focuses on scaling its platform to gain additional wallet share, expand its product offerings, and build its active customer file while delivering solid top and bottom line growth.

The company has undertaken several initiatives in the past years, improving its operational execution, building talent, driving supply chain capabilities, realigning product sourcing, and optimizing inventory levels. Torrid Holdings, Inc. has also expanded its technical and digital capabilities and has enhanced its financial discipline. The company is working on building an operational foundation that accelerates it to the next phase of its strategy, which is product expansion and evolution. Investors are bullish on the stock as such initiatives position the company for long-term growth and success.

Overall, CURV ranks first among the 10 best clothing stocks to invest in now. While we acknowledge the potential of clothing stocks, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than CURV but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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