3 Top Consumer Discretionary Stocks to Watch in November
Our experts issued a rare "Double Down" Buy alert on this one stock... Learn more.
It might seem like a challenge these days to choose a consumer-discretionary stock for your portfolio. Economic weakness is making consumers think twice before opening their wallets to buy clothing or other extras. And the ongoing coronavirus pandemic is limiting their desire to browse around in store (which often drives unplanned purchases).
At the same time, the holiday season is right around the corner. We shouldn't expect the same level of sales we've seen in past years, but the holidays are still likely to lure shoppers to stores or spur them to spend more online. Which companies will benefit? Those with strong brands and those offering skittish shoppers a lot for their money. Here's my selection of stocks to keep your eye on this month.
Source Fool.com