These consumer stocks have strong momentum on their side, Wolfe Research says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 20 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 72%

Investment Strategy ニュース

Stock Markets,Amazon.Com Inc,Deckers Outdoor Corp

Investors should look to buy these names amid summer choppiness, the Wall Street firm said.

Wolfe Research recommends some consumer-focused names that investors should buy during the summer's choppiness. Wolfe Chief Investment Strategist Chris Senyek advised clients to lean into the momentum amid what's expected to be a rockier trading environment this summer.

Footwear maker Deckers also made the cut, with a 73% momentum score and a 6% swing in upward earnings revisions. It's already been a strong year for the Hoka and Ugg parent, with shares surging about 58%. While most analysts polled by LSEG have a buy rating, the average price target suggests less than 2% upside over the next 12 months after Deckers' latest rally.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 12. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Avoid or short Tesla, First Solar and other stocks, according to Wolfe ResearchThese companies could find themselves at the mercy of short sellers.
ソース: CNBC - 🏆 12. / 72 続きを読む »

These robust companies may be primed to start offering a dividend, Wolfe saysMeta Platforms and Alphabet announced dividends earlier this year. Wolfe highlights a few companies that may join their ranks.
ソース: CNBC - 🏆 12. / 72 続きを読む »