The personal consumption expenditure (PCE) rose 11.3% in the first quarter of 2021. That’s what the gross domestic product’s (GDP) second estimate is telling us at least… 

This comes after a 2.3% increase for the fourth quarter of 2020, by the way.

So it’s only natural for my readers to want to get in on the action, and I know the best large-cap retail stocks out there! 

For those of you who might need a little refresher, the PCE measures a household’s expenditures — or consumer spending — for a certain period of time. And starting in 2021, it became the Federal Reserve’s main method to gauge inflation. 

And the Bureau of Economic Analysis reports consumer spending at an annualized rate so it can then compare numbers with the GDP. 

The GDP showed a 6.4% increase in the first quarter of 2021, according to forecasts. The actual GDP number will be released later this week, and will more than likely confirm that these numbers are in fact correct. 

So from where I’m sitting, it looks like consumer sales are only going to get better… 

Which means traders and investors have multiple chances to score big gains with the best large-cap retail stocks I’m giving away today.

The Best Large-Cap Retail Stocks to Trade 

short GameStop for big profits Low-priced stocks to watch in 2021 software stocks setting up for big wins in 2021 small-cap stocks showing major upside gambling stocks to bet on in 2021 large-cap value stocks next-gen biometric stocks to watch growth stocks for 2021 short squeezing pot stocks tech stocks to watch in 2021 low-priced tech stocks 3D printing stocks for 2021 healthcare stocks to watch in 2021 small-cap stocks to watch in 2021 hidden gem small-cap stocks small-cap pot stocks to watch in 2021 Lucid Motors SPAC deal top tech stocks for 2021 VanEck Vectors Social Sentiment ETF semiconductor stocks to watch in 2021 profit from the stock market pullback back-to-normal stocks Goldman Sachs crypto trading desk back-to-normal stocks to watch in 2021 smaller growth stocks to target in 2021 profit from rising interest rates maximize your profits in 2021 Nike’s earnings report hotel stocks to target this spring GameStop’s earnings report stock market sector rotation strategies sector rotation strategy have pot and ev stocks fizzled out rotation into NFT stocks earnings reports to watch this week most shorted stocks the next GameStop Biden’s infrastructure plan benefits EVs the best EV charging stocks back-to-normalcy stocks infrastructure stocks headed for a big move best EV and chip stocks to watch U.S. economy beating Japan’s chip stocks to watch leisure airline stocks to watch REITs to watch closely consumer stocks set to jump rising firearm stocks big banks report earnings breakout stocks for 2021 solar stocks headed lower large-cap insurance stocks biggest stocks reporting earnings hidden gems in the tech sector low-risk industrial stocks Russell 2000 forecast new stocks to target financial REITs to own large-cap tech stocks breaking out favorite small-cap stocks bargain stocks under $10 low-risk trade opportunities top Russell 2000 stocks basic materials stocks ready to double restaurant stocks to watch this summer EV battery stocks for 2021 digital payment processor stocks to watch consumer stocks for summer restaurant stocks set to profit home builder plays bullish on oil stocks best basic materials stocks profit from rising inflation supply chain shortage stocks Industrial stocks set to rally top hedge fund stocks tech stocks bucking the trend rising commodity stocks to trade best utility stocks to trade stocks set to benefit from pent-up demand top flooring stocks to invest in travel stocks banking on pent-up demand best transportation stocks to invest in best way to trade inflation hot energy stocks to target best tech stocks to trade large-cap tech stocks on the move cruise line stocks making headlines Solar Energy and EV Stocks gun stocks to target oil and gas stocks to trade best large-cap retail stocksIt shouldn’t be any surprise that Costco Wholesale Corp. (Nasdaq: COST) is one of the best large-cap retail stocks on my list. 

I’m willing to bet most of you know what Costco is. But for those of you who don’t, it’s a membership-only warehouse that sells name-brand merchandise in bulk at wholesale prices, which are lower than they’re usually found at other retail locations. 

And I get excited just thinking about this company…

I mean, it’s expanded revenue and cash from operations by more than 35% in the past four years alone! 

So check out my short video below to hear more about COST, and to get the name of the next best large-cap retail stock I’m targeting. And feel free to share your thoughts about both tickers or any other ones you like or dislike in the comments section. 

Don’t forget to subscribe to our YouTube channel if you haven’t already so you can be notified as soon as we post our next video! 

 

P.S. I just found out that Joy of the Trade Head Trader Jeff Zananiri just saw another triple-digit gain…

He’s been using an “insider” shortcut he found back when he was a big “Wall Street Hotshot.” 

This strategy takes advantage of a hidden relationship between stocks that very few outsiders — if any — know about… 

That’s why I convinced Jeff to prove to us that it works! 

I bet Jeff $10,000 that my single stock trade could make more money than his breakthrough can… and of course, he took the bet! 

So Thursday at 1 p.m. EDT, he’s showing everyday traders exactly how his “insider” shortcut works. 

Click here now!