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Holiday Shopping: 6 Retail Stocks to Watch

NEW YORK ( TheStreet) -- Holiday sales are expected to grow this year, according to analysts.

Industry group the National Retail Federation predicts that retail sales will grow 2.8% in November and December this year to a total of $465.6 billion. Growth will be marginally higher than the 10-year average of 2.6%, the group says.

A recent Deloitte survey shows that U.S. consumers (59%) intend to spend the same amount as they did last year on shopping or raise the level this year, despite the general discontent about the economy.

Online sales are expected to continue to grow. An annual holiday shopping survey by Accenture finds that almost 68% of retailers foresee online sales surging almost 15% from last year.

We have identified six retail stocks that should benefit from the holiday shopping season.

The stocks are listed in ascending order of potential upside, based on analysts' price targets.

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