10 U.S. consumer discretionary stocks that are on the rise

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 92%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

We are looking for U.S. consumer discretionary stocks that have attractive valuations and price performance

ETF has shown strong outperformance of defensive stocks when compared with discretionary/cyclical stocks since January, 2022. However, this relationship has started to reverse course. The ratio is now down more than 14 per cent since posting a 52-week high on Dec 17. Although the trend remains up, favouring consumer staples/defensive stocks, the Consumer Discretionary Select Sector SPDR Fund is the top-performing sector over the past week, with a gain of 6.53 per cent.

Next we screened for companies that are indicating a price/earnings ratio no higher than 15. The average P/E of the S&P 500 consumer discretionary sector index is 29.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 5. in RU

Россия Последние новости, Россия Последние новости