Ross Stores, Inc. (ROST): What Can Boost It Further?

From an economic standpoint, though, Ross and its peers should all benefit from the resiliency of American consumers, who helped push retail sales figures up surprisingly last month. As long as money is tight, Ross should be strategically positioned well to handle the needs of discerning shoppers looking for value.

In Ross Stores, Inc. (NASDAQ:ROST)’ quarterly report, look closely at its projections for future growth. With a forward earnings multiple of just 15, accelerating retail activity could make the stock as much of a bargain as the clothes that the company sells.

The article How Ross Stores Can Keep Rising originally appeared on Fool.com and is written by Dan Caplinger.

Fool contributor Dan Caplinger and The Motley Fool have no position in any stocks mentioned. You can follow Dan on Twitter @DanCaplinger.

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