Sector rotation: Will you hold these robust retailers?
Yesterday, due to sector rotation, the consumer goods sector performed well, with $Wal-Mart(WMT)$, $Colgate-Palmolive(CL)$, $Procter & Gamble(PG)$, and $TJX Companies(TJX)$ hitting new highs.
1. $Microsoft(MSFT)$: Do you have this stable giant in your investment portfolio?
$Microsoft(MSFT)$ has risen by 19% year-to-date, firmly maintaining its position as the most valuable company in the stock market.
Over the past 10 years, it only experienced negative annual growth in 2022.
With further developments in AI, Microsoft's investment in OpenAI is sure to continue bringing significant returns to this giant.
These companies are all good choices that can perform well even in an inflationary environment.
2. $Wal-Mart(WMT)$ , a multinational retailer, operates a chain of hypermarkets, discount department stores, and grocery stores.
Walmart is the company with the highest year-to-date (YTD) gain in this new high column, reaching 31%. After its recent earnings beat, WMT continues to rise steadily.
3. $Colgate-Palmolive(CL)$ specializes in the production, distribution, and provision of household, health care, and personal care products, including its well-known Colgate toothpaste.
4. $TJX Companies(TJX)$ is an off-price retail corporation that operates a chain of discount department stores, including T.J. Maxx, Marshalls, and HomeGoods.
5. $Procter & Gamble(PG)$ is known for its wide range of products in personal health, consumer health, and hygiene, including leading brands like Tide, Gillette, and Pampers.
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