The holiday shopping season in the United States is expected to end on a strong note. Evercore has high expectations for Target Corporation (TGT.US) and others.

Evercore ISI released a report stating that its latest survey shows that the US holiday shopping season is expected to end strong, prompting the company to raise its growth forecast to 4%, with the majority of the growth coming from physical stores rather than e-commerce. It is worth noting that Evercore is tactically bullish on Target Corporation (TGT.US), expecting strong performance in its toy market share and home product sales. Best Buy Co., Inc. (BBY.US) is also seen as a winner of the holiday shopping season, with a significant increase in heavy consumer share expected by mid-January next year. Evercore analyst Greg Melich believes that investors' expectations seem to be sufficiently low, so a slight improvement in data will support Target Corporation and Best Buy Co., Inc. In the retail sector, Evercore continues to favor Walmart Inc. (WMT.US) and Amazon.com, Inc. (AMZN.US) as they are expected to gain structural market share. Despite the Federal Reserve hinting at slowing down rate cuts, Evercore ISI's leading indicator for home improvement remains at a three-year high, with online traffic for this category also rebounding. Evercore lists Sherwin-Williams Company (SHW.US), Wayfair (W.US), and Home Depot, Inc. (HD.US) as the top choices for investors to benefit from the recovery in home improvement spending.