Menü
Du musst dich anmelden oder registrieren, bevor du fortfahren kannst.
Microsoft selbst warnt vor der Verwendung von Internet Explorer, da er nicht mehr den neuesten Web- und Sicherheitsstandards entspricht. Wir können daher nicht garantieren, dass die Seite im Internet Explorer in vollem Umfang funktioniert. Nutze bitte Chrome oder Firefox.

Why Retail Stocks Could Still Struggle in 2024


It has been a tough couple of years for retail stocks. Last year, the SPDR S Retail ETF fell by 33% as rising interest rates weighed on the markets. And this year hasn't shown any improvement, with the index's value being relatively unchanged from where it started 2023. It may be tempting to think that retail stocks may be bottoming out and that the new year could be better for them. But that could be a mistake. Here's why they're likely to struggle in 2024 as well.

According to data from online review website Trustpilot, consumers are planning to scale back their spending this year when compared to 2022. Data from a recent survey found that, on average, 39% of Americans who spent money last holiday season are going to spend less money this year. Rising costs are a big part of the reason, as inflation is putting pressure on consumers.

To make matters worse, student loan repayments resume this month, which can put added pressure on consumers, forcing them to stretch their budgets even more. Although some spending, such as groceries, is essential, companies that rely on discretionary spending, including (NYSE: TGT) and Home Depot, could feel the worst of these effects.

Continue reading


Source Fool.com

Target Corp. Aktie

142,82 €
10,84 %
Ein erheblicher Gewinn für Target Corp. heute, um 10,84 %.
Die Target Corp. Aktie zieht viel Aufmerksamkeit auf sich: Viel mehr Buy- als Sell-Einschätzungen.
Für Target Corp. ergibt sich mit einem Kursziel von 171 € ein leicht positives Potenzial gegenüber dem aktuellen Kurs von 142.82 €.
Like: 0
TGT
Teilen

Kommentare