These 4 Stocks Will Rise After Black Friday
Black Friday is almost here, and with it comes the annual shopping bonanza that kicks off the holiday season.
The shopping weekend, which extends through Cyber Monday, isn't just an opportunity for shoppers to get some of the best deals of the year on items like electronics, home goods, and toys. It's also the biggest day of the year for retailers as the rush of gift givers gives them a spike in business that they depend on to turn a profit.
This year's holiday season is expected to be a big one. The National Retail Federation predicts holiday sales to increase by 3.8% to 4.2% from 2018 and total $727.9 billion to $730.7 billion. That's better than the five-year average growth rate of 3.7% and comes after a weak showing in 2018, when holiday sales rose just 2.1% amid a stock market crash and looming government shutdown.
Source Fool.com