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COPYRIGHT 2005 Daily News
Byline: Elizabeth Lazarowitz
Oct. 11--Think retail stocks are a good bet if you're hoping to get something back for all the money that you've been spending on T-shirts, corn flakes and toilet paper?
Think again, experts warn.
Picking a good retail stock is risky business these days. Soaring gas prices and rising transportation costs are biting into retailers' profits by increasing costs, and may also start to decrease consumer demand.
"You've got to be very stock specific," said John Morris, retail analyst at Harris Nesbitt, adding that he is "cautious" about the apparel companies he follows. "We're...
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