Kohl’s (KSS), home to the Jennifer Lopez and Juicy Couture clothing labels, is becoming an investor favorite. David Nelson, Strategist, at Belpointe owns the stock which has gained nearly 10% over the past three months. “I looked at Kohl’s chart, its breaking out of a 10-year range. They are hiring a lot of people, the stock is cheap enough,” he says.

Kohl’s announced plans to hire 67,000 holiday workers last month. At the same-time gasoline prices have drifted to the lowest level of 2014, according to AAA which also tweeted this stat last week: As many as 20 states could soon see average gas prices below $3.00 per gallon. Missouri is already there.

Nelson also owns shares in athletic retailer FootLocker (FL) because of its close ties to Nike (NKE), 50% of its merchandise offerings are Nike brands. “Footlocker, they're riding Nike’s wave, you're paying up for Footlocker,” he says. Those shares are up 35% this year.

Outside of retail, Nelson counts large-cap tech as a sizable holding, “I am very tech heavy right now, we own Apple (AAPL) and all the companies associated with Apple.” Apple’s stock has advanced 28% this year in part due to the company’s new suite of products including the iPhone 6 and Apple Watch.  

Just last week, activist Carl Icahn called on Apple CEO Tim Cook to return some of its cash hoard, now about $133 billion, to shareholders in the form of dividends or buybacks. His view: the stock is worth double current levels of roughly $100 a share.

Nelson remains cautious on industrial names due to the rising U.S. dollar (UUP). Nelson does, however, make an exception for Boeing (BA) -- he believes the aircraft carrier can manage currency fluctuations more efficiently than others.  Boeing shares have lost 10% this year.