© Reuters. 3 Consumer Stocks That Would Make Great Stocking Stuffers
The holidays are fast approaching and it’s time for investors to think about any year end changes in their portfolios. One sector that should see gains this month are consumer stocks, especially companies that offer great gifts. This is why investors should consider stocks such as Coty Inc . (NYSE:), PVH Corp. (NYSE:), and Signet Jewelers (NYSE:).As we end November and Thanksgiving is now in the rearview, many businesses are gearing up for the holidays. Even though we are past Black Friday and Cyber Monday, there’s plenty of shopping left, especially for consumers that like to wait until the week before Christmas. In fact, a lot of businesses count on the holidays for a huge revenue boost.
This is especially true of consumer companies. While consumer businesses typically see steady sales over the course of the year, they really count on the holidays to boost their profits. This year is expected to be no different. If you think of gifts that people really want, aside from the latest tech device, its products like fragrances, apparel, and jewelry.
These are the types of gifts that fit perfectly in stockings. And the companies that sell these gifts can also make great investments, especially if they’re ranked highly in our POWR Ratings system. This is why I think investors should consider consumer stocks such as Coty Inc. (COTY), PVH Corp. (PVH), and Signet Jewelers (SIG), which should see a boost this month.
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