2 Top Consumer Discretionary Stocks to Buy Right Now
If you ask investors with an interest in the consumer discretionary sector these days to name some stocks to consider in the sector, they might mention established names such as Nike or Walt Disney. Given the bear market mentality of the moment, they tend to see such stocks as relatively safe, even if they typically don't produce rapid returns.
But suppose you want to dig a little deeper into the consumer-oriented companies trying to get ahead, looking for ones carving out a niche for themselves in their markets. Doing so, you will likely come across some stocks running counter to these conservative assumptions that are producing considerable growth. Airbnb (NASDAQ: ABNB) and Dutch Bros (NYSE: BROS) are two such consumer discretionary stocks. The different approaches these two stocks take are drawing increased customer interest and that could lead to market-beating stock growth.
Perhaps no company in recent years has held a more transformative influence over the lodging industry than Airbnb. Though Expedia's Vrbo technically invented the industry, Airbnb has surpassed that industry pioneer on many levels.
Source Fool.com