Are consumer discretionary stocks a buy?

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Chartoftheday,Streetwise

We are looking for stocks that fall into the consumer discretionary sector and the valuations we see for companies this group

he sees consumers being more discriminating with every dollar they spend. The Canadian consumer confidence index stood at 48 in April, up slightly from March but below the 2010-2024 average of 52.1 and in the United States, consumer sentiment fell to its lowest level in six months. Let’s look at stocks that fall into the consumer discretionary sector and the valuations we see for companies this group.

An adjusted book value is calculated by multiplying book value per share by its 10-year average price-to-book ratio.is a fundamental valuation platform with tools to calculate and report on value per share for thousands of public companies listed on major North American stock exchanges. StockCalc also contains numerous tools to understand what the stocks you are investing in are worth.

 

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