Consumer discretionary stocks appear to be among the winners from the ongoing Trump trade following the U.S. presidential election. The market rally is broadly based, but this sector stands out. The reason is simple: expectations have changed for the better.
Consumer discretionary companies manufacture or deliver nice-to-have but not must-have products and services. Some of these companies weathered the one-two punch of inflation and interest rates because they appeal to more affluent consumers. However, in recent months, many of those winners lowered their top or bottom-line forecasts based on expectations of weak consumer demand.
However, with expectations for an administration that will be more accommodating to businesses and consumers, investors are starting to wade back into this sector. In this special presentation, we're looking at seven consumer discretionary stocks that have caught this wave and are projected to post earnings growth that will justify a higher share price.
Click the "Continue to Slide #1" button to view the first company.
