Delta Air Lines and Lululemon are promising buys
Brian Vendig of MJP Wealth Advisors highlighted Delta Air Lines and Lululemon Athletica as promising oversold stocks amid strong February retail sales. Delta's shares are down 23% this year, but its valuation and consumer spending trends may boost its performance. Lululemon's stock rose 5% on Monday, despite a 30% decline over the past year. Vendig noted the company's strong online presence and retail sales growth could improve its outlook compared to last year. In contrast, Vendig advised caution on Accenture, which has seen a 13% drop in shares over the past year. He cited economic uncertainty affecting corporate IT budgets as a reason for a more conservative approach to this stock.