National Vision among Loop Capital’s favorite ideas for 2024 in Specialty Retail

Loop Capital keeps a Buy rating on National Vision while naming the stock to the firm’s 2024 Favorite Ideas list for Specialty Retail. After being one of the worst performing stocks last year, National Vision’s results should rebound in 2024, primarily driven by the continued rollout of remote eye exams to America’s Best Contacts & Eyeglasses stores, the analyst tells investors in a research note. Falling inflation and gasoline prices could also lead to a normalization of eyeglass purchase patterns, the firm added.