CEO and chief research officer Dana Telsey pointed out that retail stocks on average beat the S & P 500 in the nine months after the U.S. central bank begins to ease monetary policy. Specifically, she said the S & P 500 consumer discretionary sector has beaten the broader market in seven of the past nine easing cycles during that first-nine-month window.
The firm named discounters Dollar General and Walmart among the beneficiaries, assigning the stocks price targets that imply 19.8% and 3.7% upside, respectively. Dollar General shares have plummeted more than 36% this year as the lower-end consumer faces inflation and the company deals with inventory problems . Walmart , meanwhile, is up roughly 52.2%.
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो: