The 13% rise in S&P 500 retail stocks this year has some staying power.

"I think it's absolutely for real - it has legs," said Invesco's chief global market strategist Kristina Hooper and panelist on TheStreet's Trading Strategies roundtable.

Hooper worries about tariffs - which were applied to washing machines earlier this year, resulting in consumer "demand destruction," she said. 

Some high performing retail stocks so far this year include Kohl's (KSS - Get Report) , Target (TGT - Get Report) and Costco (COST) .

Watch the full Trading Strategies replay here