February’s retail sales data pointed to a strong consumer, adding to the bull case for Delta Air Lines, according to investor Brian Vendig. The chief investment officer at MJP Wealth Advisors joined CNBC’s ” Power Lunch ” on Monday to offer his take on the airline carrier, as well as a pair of other stocks from CNBC’s most recent oversold stocks list . Here’s what he had to say during the Three-Stock Lunch segment. Delta Air Lines Growing concerns over a softening economy have been a challenge for airline stocks. Delta Air Lines has been no exception, with shares trading 23% lower so far this year. Delta “got caught up pretty hard in this growth scare,” Vendig acknowledged. However, he noted shares are trading at an attractive valuation based on its forward price-to-earnings ratio. Also, February’s retail sales data could be a catalyst for the stock as it suggests consumer spending is holding up. “When we think about the company fundamentally, it issued a pretty robust revenue guidance for 2025 that would be better than the prior year,” Vendig said. “Plus, I think the consumer is not dead, as we saw from the retail sales numbers this morning, and consumers are looking for an experience,” he added. “Lastly, factor in any changes in oil prices going down in the future. That’s also going to help the margin for the stock.” Lululemon Athletica Shares of Lululemon Athletica popped 5% on Monday, bucking its overall downward trend over the past year. The stock has tumbled 30% over the past 12 months and more than 10% so far in March. But Vendig believes Lululemon should have a better time than it did last year, again pointing to the strong February retail sales report as proof. “We saw growth and a good presence in the online numbers in the retail sales, and with the consumer still spending, Lulu is really leaning in on that online presence,” Vendig said. “We saw in some analysts’ notes this morning that having a wider breadth and more exposure to some social media channels has really helped to support sales.” Accenture On the other hand, Vendig was less bullish on Accenture , calling it a stock where investors should “take a little bit of a step back.” Shares of the professional services provider have slipped 13% over the past 12 months. Vendig pointed out that the stock has been popular among investors who hope that higher corporate IT budgets will translate into more consulting revenue. However, a highly uncertain economic backdrop makes the stock look less appealing at this time. “At the end of the day, there’s a lot of macro noise — as we all know — and that can really cause companies to take a closer look at their IT spending and budgets, depending on how these economic policies play out. So I think in the short term, this is one to hold and just be a little bit more cautious on until we get a clear picture of some of those policy decisions,” Vendig said.