Retail rally rips higher – five experts weigh in on what’s next

Retail has had a rip-roaring week.

Better-than-expected earnings from Nordstrom, Home Depot, Lowe’s and Target have set the retail space ablaze, and soothed any concerns over the strength of the consumer. The XRT retail ETF is up 4% since Monday, nearly quadruple the gains of the S&P 500.

Five experts weigh in on what comes next for big-winner Nordstrom and the rest of the group.

Oliver Chen, senior retail analyst at Cowen, said the top retailers are betting on the future. (READ MORE)