The Most Epic Back-to-School Season Ever: 2 Stocks to Watch

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The Most Epic Back-to-School Season Ever: 2 Stocks to Watch

Motley Fool2021-06-29

The 2021 back-to-school shopping season could be the most epic ever. Millions of students worldwide will be preparing to return to in-person learning for the first time since March 2020. The ...

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CPLam
·2021-06-29
[微笑]
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- CPLam:
  [微笑]
  2021-06-29
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iantok
·2021-06-29
good job
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2
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Terrorfredx
·2021-06-29
Ooo
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- ShinyHead:
  hshehe
  2021-07-12
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- ShinyHead:
  lalaa
  2021-07-10
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- Mythology:
  ??
  2021-07-10
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Sallylim
·2021-06-29
Like ps
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- Saintrade:
  Ok
  2021-06-29
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mattdiu
·2021-06-29
Lai lai lai lai
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agneslym
·2021-06-29
Pls like. Thanks.
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- Lauuu:
  Dome
  2021-06-29
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- Dree91:
  Done
  2021-06-29
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JoshTay
·2021-06-29
like tks
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- agneslym:
  Done.
  2021-06-29
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JemLIm
·2021-06-29
Nice
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Jasonteo
·2021-06-29
Good
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eggcheesesan
·2021-06-29
nice. interesting article
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6
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jijimo
·2021-06-29
Like my post
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- JQJQ:
  like and comment back?
  2021-06-29
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- Athousand:
  Done!
  2021-06-29
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Cloud7
·2021-06-29
Ok
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Millions of students worldwide will be preparing to return to in-person learning for the first time since March 2020.\nThe ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/28/back-to-school-season-stocks-watch-target-chegg/\">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":"CHGG","symbol_name":"Chegg Inc","start_time":0,"source_url":"https://www.fool.com/investing/2021/06/28/back-to-school-season-stocks-watch-target-chegg/","article_id":"1176326573","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1176326573","pubTimestamp":1624955903,"sourceInfo":null,"weMediaInfo":null,"summary":"Spending usually increases with back-to-school shopping. That effect could be magnified this year.","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"CHGG":"Chegg Inc","TGT":"塔吉特"},"translate_title":"有史以来最史诗般的返校季：2只股票值得关注","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CHGG":0.9,"TGT":0.9},"content_text":"The 2021 back-to-school shopping season could be the most epic ever. Millions of students worldwide will be preparing to return to in-person learning for the first time since March 2020.\nThe coronavirus pandemic forced an abrupt shift to online instruction for students of all ages. The return has been more gradual, as some states and countries have already brought students back to in-person learning. Still, the fall semester of school will see the biggest group yet returning from remote instruction.\nTwo companies that are in a position to benefit from students returning to school are Target(NYSE:TGT) and Chegg(NYSE:CHGG). Let's take a closer look at why investors should keep an eye on these two stocks.\nIMAGE SOURCE: GETTY IMAGES.\n1. Target\nA return to in-person learning can create the need for students to buy school supplies, clothes, and electronics, all of which can be found in one trip to Target. My son started the pandemic in kindergarten, and when he goes back to school in August, he will be a second-grader. He will need new clothes, new shoes, and other school supplies.\nSurely, that will be the case for millions of students worldwide. What's different for this year is the especially longer time it has been since kids were last in school. In a typical back-to-school season, sales are brisk, even though students were out of school for a few months through summer. This time around, kids haven't been in school for over a year, so sales could be even greater. Investors should keep an eye on how that plays out.\nCOLLEGE ENROLLMENT FELL BY 603,000 STUDENTS IN SPRING 2021. IMAGE SOURCE: GETTY IMAGES.\n2. Chegg\nChegg, the online student learning aid, experienced a surge in demand during the pandemic. The company serves mostly college and high school students, and when instruction moved online, students were missing the vital interaction with instructors and teachers. Still, subscriber growth was robust even in the years before the pandemic. Studentsfind its services helpfuland a relative bargain at less than $20 per month.\nThe pandemic wasn't all positive for Chegg's business. Many college students with the choice of going through remote instruction or taking time off chose the latter. Indeed, college enrollment fell by 603,000 students in the spring semester of 2021, the biggest decline in a decade. Further, many students who chose to attend college instead of taking a semester off registered for fewer classes than they normally would.\nWith nearly all colleges offering in-person instruction in the fall semester, enrollment will likely increase; students are also likely to take more classes to make up for the lost time. That means more potentialstudents that could benefitfrom Chegg's services.\nInvestor takeaway\nThe back-to-school surge in spending at Target and Chegg could be an extension of a COVID-induced increase in revenue. As economies reopened, there was a worry amonginvestorsof a snapback of spending at businesses like Target and Chegg that benefited during the pandemic. The thesis has not played out, and it could be giving credence to the counterargument that habits formed during the pandemic are going to stick around long term. Target and Chegg are certainly working at helping consumers maintain those habits and stick with 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