Positive

From Nasdaq: 2024-12-24 08:00:00

As the year ends, trading volume is expected to be low with the holiday season. Post-election market highs have retreated due to fewer rate cuts by the Federal Reserve next year. Consumer spending rose 0.4% in November, driven by a steady rise in personal income. Retail sales soared, and inflation eased in November.

Investing in retail stocks is ideal, with positive earnings estimates for Five Below, Amazon, Deckers Outdoor, The Gap, and Dutch Bros. Consumer spending jumped in November, reflecting economic strength. Personal income and wages rose steadily, leading to increased spending during the holiday season. Inflation cooled in November after months of stability.

Retail sales continue to rise, with a 0.7% growth in November totaling $724.6 billion. Online sales on Black Friday and Cyber Monday saw significant increases. The Federal Reserve cut interest rates for the third time this year but may slow down in 2025. Higher consumer spending is boosting the retail sector.

Five Below offers trendy merchandise for $5 or below with expected earnings growth. Amazon dominates e-commerce and cloud computing with strong expected earnings growth. Deckers Outdoor focuses on outdoor sports and lifestyle products with a solid earnings growth rate. The Gap offers diverse clothing and accessories with steady earnings growth. Dutch Bros focuses on high-quality beverages with impressive earnings growth potential.



Read more at Nasdaq: 5 Retail Stocks to Buy for 2025 as Personal Spending Continues to Soar