Valentine's Day spending expected to reach $27.5 billion with stocks and ETFs as gift options

From Nasdaq: 2025-02-14 08:00:00

Valentine’s Day spending in the US is expected to reach $27.5 billion, with an average of $188.81 per person. Traditional gifts like candies, cards, and flowers remain popular, but unique gift options like stocks of companies may also impress your loved one this year.

Consumers are also considering jewelry, with 22% planning to spend on it, totaling $6.5 billion. Gifting gold bullion ETFs like SPDR Gold Shares could be a smart move, as gold is seen as a safe haven investment.

Experiential gifts are gaining popularity, with 35% planning an evening out and expected to spend $5.4 billion. Stocks like Intercontinental Hotels Group and Darden Restaurants are good bets, alongside ETFs like Amplify Travel Tech ETF.

Online shopping is a growing trend, with 38% planning to buy Valentine’s gifts online. ProShares Online Retail ETF and Amazon are set to benefit from this shift in consumer behavior.

Department stores and discount stores are still popular destinations for Valentine’s Day shopping, with consumers looking for sales and promotions. Retailers like Costco may see increased sales, benefiting ETFs like VanEck Vectors Retail ETF.

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(Source: https://www.nasdaq.com/articles/etfs-stocks-to-gift-your-valentine-this-year)



Read more at Nasdaq: ETFs & Stocks to Gift Your Valentine This Year