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Weekly Strategy Calls
Key Stocks in Consumer Discretionary (aka the fun stuff)
Posted: 12/06/2023
This week, Zacks Chief Equity Strategist and Economist John Blank, PhD discusses:
โข Key stocks that are the winners in Consumer Discretionary industries. These industries are vital to the U.S. economyโin fact John posits that these sectors, including Home Furnishings/Appliances, Leisure Services, Media, and more, are holding the American economy together. Also, this analysis illustrates the rotation from buying “stuff” during the pandemic to buying services and experiences after it.
โข John introduces some of the noteworthy companies in these industries, from well-known names like Netflix (NFLX) and Marriott (MAR) to lesser-known but interesting stocks including SharkNinja (SN) and On Holding AG (ONON). John also spends some time on the “Big Six” multi-product consumer stocks: Target (TGT), Wal-Mart (WMT), Home Depot (HD), Lowes (LOW), Best Buy (BBY), and Amazon (AMZN).
โข John’s analysis includes cash flow fundamentals such as Revenue F12M, EPS F12M and more, as well as balance sheet data like Capital Expenditures, Total Debt, Reinvestment Rate, and other metrics. As always, he clearly defines what each metric means for investors. Don’t miss this review of the essential stocks in the industries that produce the products and services we love to buy!