🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

3 Consumer Stocks That Would Make Great Stocking Stuffers

Published 11/30/2021, 06:02 PM
Updated 11/30/2021, 07:30 PM
© Reuters.  3 Consumer Stocks That Would Make Great Stocking Stuffers
PVH
-
SIG
-
COTY
-

The holidays are fast approaching and it's time for investors to think about any year end changes in their portfolios. One sector that should see gains this month are consumer stocks, especially companies that offer great gifts. This is why investors should consider stocks such as Coty Inc . (NYSE:COTY), PVH Corp. (NYSE:PVH), and Signet Jewelers (NYSE:SIG).As we end November and Thanksgiving is now in the rearview, many businesses are gearing up for the holidays. Even though we are past Black Friday and Cyber Monday, there's plenty of shopping left, especially for consumers that like to wait until the week before Christmas. In fact, a lot of businesses count on the holidays for a huge revenue boost.

This is especially true of consumer companies. While consumer businesses typically see steady sales over the course of the year, they really count on the holidays to boost their profits. This year is expected to be no different. If you think of gifts that people really want, aside from the latest tech device, its products like fragrances, apparel, and jewelry.

These are the types of gifts that fit perfectly in stockings. And the companies that sell these gifts can also make great investments, especially if they're ranked highly in our POWR Ratings system. This is why I think investors should consider consumer stocks such as Coty Inc. (COTY), PVH Corp. (PVH), and Signet Jewelers (SIG), which should see a boost this month.

Continue reading on StockNews

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.