What all the cool kids want. How 6 portfolio stocks fared in Piper Sandler's new survey of teen likes and dislikes

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 29 min. at publisher
  • 📊 Quality Score:
  • News: 106%
  • Publisher: 72%

Elf Beauty Inc News

Stock Takes,Jim Cramer,Investment Strategy

Piper Sandler has released the spring edition of its semiannual 'Taking Stock With Teens Survey,' with solid results for several names in our portfolio.

Who better than teenagers to know what's trendy? Piper Sandler has released the spring edition of its semiannual "Taking Stock With Teens Survey," with solid results for several names in our portfolio. We love scanning the report, which looks at a wide swath of Generation Z, roughly defined as people aged 11 to 26. In fact, the median age of the 6,020 teens polled across 47 states was 16.1 years old. The gender breakdown was 54% male, 44% female and 2% nonbinary.

" That's especially important given the recent boycott calls and protests over Starbucks' perceived stance in the Israel-Hamas war. In our view, it supports the idea that the headwinds from these actions are temporary and any weakness in the stock price resulting from them is a buying opportunity. In December, Starbucks said its position on the Mideast conflict remains unchanged , saying it "stands for humanity.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Buy these 2 software stocks as they are 'having the lowest AI uncertainty'Buy these 2 software stocks as they are 'having the lowest AI uncertainty' - Piper Sandler
Source: Investingcom - 🏆 450. / 53 Read more »

Investors Advised to Consider Quality Stocks Amid Market UncertaintyPiper Sandler recommends investors to turn to quality stocks due to market uncertainty. The investment firm believes that general uncertainty and lack of a clear economic trajectory will persist, and therefore suggests overweighting quality fundamentals at a reasonable price. The firm looks for stocks with attractive value, cash flow profitability, realized growth, and expected near-term growth. Piper Sandler's Macro Select model has shown strong returns in the past year.
Source: CNBC - 🏆 12. / 72 Read more »

8 stocks that have the best of both worlds: Strong momentum and solid balance sheetsPiper Sandler highlighted momentum stocks with high free cash flow as a cohort that could outperform through the cycle.
Source: CNBC - 🏆 12. / 72 Read more »