Target Corporation (TGT), Best Buy Co., Inc. (BBY): Back-to-School Season Will Be a Boon for These Retailers

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4. Ross Stores, Inc. (NASDAQ:ROST)
Finally, I’m offering discount clothing specialist Ross Stores as another company that should benefit from the back-to-school season.

But remember, Ross Stores, Inc. (NASDAQ:ROST) is all set to announce second-quarter earnings this afternoon, and you can bet we’ll be watching closely to see how the second quarter went. That said, I’m particularly intrigued by this stock right now considering the fact that Markel‘s long-term-oriented President and CIO Tom Gayner just opened a small position in the discount retailer last quarter.

Naturally, like each of the companies mentioned above, Ross Stores, Inc. (NASDAQ:ROST)’ website is currently plastered with back-to-school advertisements. So, given the increasingly strained budgets of cost-conscious consumers for items like clothing, I’d be surprised if Ross didn’t see a significant boost in the third quarter from school shopping activity.

If anything, companies like Ross Stores, Inc. (NASDAQ:ROST) should also be able to grab at least some market share from higher-scale stores like Target Corporation (NYSE:TGT), which has attempted to lure clothing shoppers by offering exclusive — and slightly higher priced — items from noted designers.

Foolish takeaway
In the end, I think there’s plenty of room for all four of the above companies to thrive with the back-to-school season in full swing. At the very least, consider putting these stocks on your watchlist to help you determine whether they might be worthy of a place in your own portfolio down the road.

The article Back-to-School Season Will Be a Boon for These Retailers originally appeared on Fool.com.

Fool contributor Steve Symington owns shares of Markel. The Motley Fool recommends Markel. The Motley Fool owns shares of Markel. 

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