4 Retail Stocks to Buy as Further Rate Cuts Loom

Zacks10-31

The consumer discretionary sector has been having a slow 2024. Since the start of the year, the S&P 500 Consumer Discretionary Select Sector SPDR (XLY) has advanced just 12.5% as of Oct. 30. However, ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2479748087?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/fTvBO9eFGYxLlvnm2Ysgow--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/d2d45eefb5f1a51754823f8e10d98c5b","is_english":true,"pubTime":"2024-10-31 19:54","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2479748087","market":"us","top_or_hot":-1,"title":"4 Retail Stocks to Buy as Further Rate Cuts Loom","media":"Zacks","content":"<div>\n<p>The consumer discretionary sector has been having a slow 2024. Since the start of the year, the S&P 500 Consumer Discretionary Select Sector SPDR (XLY) has advanced just 12.5% as of Oct. 30. However, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/4-retail-stocks-buy-further-115400328.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>4 Retail Stocks to Buy as Further Rate Cuts Loom</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n4 Retail Stocks to Buy as Further Rate Cuts Loom\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-31 19:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/4-retail-stocks-buy-further-115400328.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The consumer discretionary sector has been having a slow 2024. Since the start of the year, the S&P 500 Consumer Discretionary Select Sector SPDR (XLY) has advanced just 12.5% as of Oct. 30. However, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/4-retail-stocks-buy-further-115400328.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XLP","symbol_name":"消费品指数ETF-SPDR主要消费品","start_time":0,"source_url":"https://finance.yahoo.com/news/4-retail-stocks-buy-further-115400328.html","article_id":"2479748087","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/fTvBO9eFGYxLlvnm2Ysgow--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/d2d45eefb5f1a51754823f8e10d98c5b"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2479748087","pubTimestamp":1730375640,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"The consumer discretionary sector has been having a slow 2024. Since the start of the year, the S&P 500 Consumer Discretionary Select Sector SPDR  has advanced just 12.5% as of Oct. 30. However, with the Fed having started cutting interest rates from its September meeting, the sector looks potentially lucrative.While inflation has been coming down and the GDP advance estimate for third-quarter 2024 has shown that the economy is on the right path, the rate-cutting decision by the Fed is, in fact, the single most important factor driving discretionaries and making the retail segment tempting again. While the central bank cut rates by 50 basis points in September, it is currently widely expected to announce a further cut of 25 basis points at its November meet.Lower interest rates will reduce new borrowing costs and encourage consumers to increase their discretionary purchases. When the pocket widens, pent-up demand can prompt higher spending on small and large luxuries.PetMed’s expected ","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"XLP":"消费品指数ETF-SPDR主要消费品","BK4503":"景林资产持仓","BK4122":"互联网与直销零售","BK4502":"阿里概念","LU2226246903.HKD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT4\" (HKD) ACC","LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","LU1105468828.SGD":"Allianz Total Return Asian Equity AM DIS H2-SGD","LU0072913022.USD":"UBS (LUX) EQUITY FUND -  GREATER CHINA \"P\" (USD) ACC","BABA":"阿里巴巴","09988":"阿里巴巴-W","BK4581":"高盛持仓","LU0067412154.USD":"UBS (LUX) EQUITY FUND -  CHINA OPPORTUNITY \"P\" (USD) ACC","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","CASY":"Caseys General Stores","LU0918141705.HKD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AM\" (HKD) INC","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","LU1048596156.SGD":"Blackrock Asian Growth Leaders A2 SGD-H","LU1152091754.HKD":"UBS (LUX) EQUITY FUND - CHINA OPPORTUNITY (USD) \"PM\" (HKD) INC","BK4200":"专卖店","LU1046422090.SGD":"Fidelity Pacific A-SGD","LU0821914370.USD":"贝莱德亚洲成长领袖A2","LU1282648689.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AMG\" (USD) INC","LU1688375341.USD":"贝莱德中国灵活股票基金","LU0797268264.HKD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT\" (HKD) ACC","LU1152091168.USD":"UBS (LUX) EQUITY FUND - CHINA OPPORTUNITY (USD) \"PM\" INC","BK4565":"NFT概念","LU1008478684.HKD":"UBS (LUX) EQUITY FUND -  CHINA OPPORTUNITY \"P\" (HKD) ACC","LU1046421795.USD":"富达环球科技A-ACC","LU0918141887.USD":"安联亚洲实际收益股票基金","BK4531":"中概回港概念","IE00BFMHRM44.USD":"NEUBERGER BERMAN GLOBAL EQUITY MEGATRENDS \"A\" (USD) ACC","BK4585":"ETF&股票定投概念","BK4567":"ESG概念","LU0348816934.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT\" (USD)","BK4534":"瑞士信贷持仓","LU0251143458.SGD":"Fidelity Emerging Markets A-SGD","XLY":"消费品指数ETF-SPDR可选消费品","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4575":"芯片概念","BK4558":"双十一","BK4524":"宅经济概念","BK4220":"综合零售","PETS":"PetMed Express","BK4113":"食品零售","BK4527":"明星科技股","IE00B0JY6N72.USD":"PINEBRIDGE GLOBAL EMERGING MARKETS FOCUS EQUITY \"A\" (USD) ACC","BK4538":"云计算","LU0266013472.USD":"AXA WF - Framlington Longevity Economy A Cap USD","BK4579":"人工智能","DECK":"Deckers Outdoor Corporation"},"translate_title":"随着进一步降息的临近，值得买入的4只零售股","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BABA":1,"XLY":1,"XLP":1,"PETS":1,"CASY":1,"DECK":0.9,"09988":0.6},"content_text":"The consumer discretionary sector has been having a slow 2024. Since the start of the year, the S&P 500 Consumer Discretionary Select Sector SPDR (XLY) has advanced just 12.5% as of Oct. 30. However, with the Fed having started cutting interest rates from its September meeting, the sector looks potentially lucrative.\nWhile inflation has been coming down and the GDP advance estimate for third-quarter 2024 has shown that the economy is on the right path, the rate-cutting decision by the Fed is, in fact, the single most important factor driving discretionaries and making the retail segment tempting again. While the central bank cut rates by 50 basis points in September, it is currently widely expected to announce a further cut of 25 basis points at its November meet.\nLower interest rates will reduce new borrowing costs and encourage consumers to increase their discretionary purchases. When the pocket widens, pent-up demand can prompt higher spending on small and large luxuries.\nThe consumer discretionary market, which includes non-essential products like fashion, goods and household products, benefits from economic recovery and rising disposable incomes. Rising personal expenditure as a result of falling rates is often followed by a preference for luxury fashion and goods, and the sector witnesses growth. Hence, astute investors should consider betting on consumer discretionary stocks at present.\nSince the start of the year, the S&P 500 Consumer Staples Select Sector SPDR (XLP) has advanced 13.7% as of Oct. 30. Like their discretionary counterpart, staples are also having a steady year, and the two make up the bulk of the retail sector.\nThe U.S. Census Bureau announced on Oct. 17 that retail sales for September increased 0.4%, in line with the consensus. This is significantly higher than the unrevised August increase of 0.1%. With interest rates slated to go down even further in the future and the holiday season knocking at the door, retail stocks appear to be prudent choices for investors.\nOur Picks\nWe have selected four retail stocks that flaunt a Zacks Rank #1 (Strong Buy) or #2 (Buy). The search was also narrowed down with a VGM Score of A or B. Here V stands for Value, G for Growth and M for Momentum. The score is a weighted combination of these three metrics. Such a score allows you to eliminate the negative aspects of stocks and select winners. You can see the complete list of today’s Zacks #1 Rank stocks here\nCasey's General Stores, Inc. CASY is a company operating convenience stores.\nCasey’s expected earnings growth rate for the current year is 4.3%. The Zacks Consensus Estimate for its current-year earnings has improved 2.6% over the past 60 days. The company has a Zacks Rank #2 and a VGM Score of A.\nPetMed Express, Inc. PETS is a pet pharmacy.\nPetMed’s expected earnings growth rate for the current year is 124.2%. The Zacks Consensus Estimate for its current-year earnings has improved 128.6% over the past 60 days. The company has a Zacks Rank #1 and a VGM Score of B.\nAlibaba Group Holding Limited BABA is a global retail giant based in China.\nAlibaba’s expected earnings growth rate for the current year is 3.7%. The Zacks Consensus Estimate for its current-year earnings has improved 3% over the past 60 days. The company has a Zacks Rank #1 and a VGM Score of B.\nDeckers Outdoor Corporation DECK engages in the business of manufacturing and selling footwear, apparel and accessories.\nDeckers Outdoor’s expected earnings growth rate for the next year is 12.1%. The Zacks Consensus Estimate for its current-year earnings has improved 4% over the past 60 days. The company has a Zacks Rank #2 and a VGM Score of A.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nPetMed Express, Inc. (PETS) : Free Stock Analysis Report\nDeckers Outdoor Corporation (DECK) : Free Stock Analysis Report\nCasey's General Stores, Inc. (CASY) : Free Stock Analysis Report\nAlibaba Group Holding Limited (BABA) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"Policy And Regulatory","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2479748087"}