We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
The American consumer is very strong and ready to splurge this holiday season. Retail sales rose in October for the third consecutive month, and the most in seven months. Large savings amassed during the pandemic and rising wages are resulting in robust spending, even though inflation is rising at the fastest pace in 30 years.
Retail earnings have mostly been better than expected but many companies reported margin pressures resulting from supply chain disruptions, rising costs and labor shortages. Economists expect supply chain disruptions to ease in the coming months, but don’t expect a return to pre-pandemic levels until next year.
The National Retail Federation (NRF) expects holiday sales during November and December to rise between 8.5% and 10.5%. “There is considerable momentum heading into the holiday shopping season,” per NRF CEO.
The SPDR S&P Retail ETF (XRT - Free Report) is an equal-weighted ETF that provides broad exposure to retail industry. The Invesco S&P SmallCap Consumer Discretionary ETF (PSCD - Free Report) selects consumer discretionary stocks from the S&P SmallCap 600 index.
The Invesco DWA Consumer Cyclicals Momentum ETF (PEZ - Free Report) selects and weights stocks by price momentum. Macy’s (M - Free Report) , Signet Jewelers (SIG - Free Report) and Dillard’s (DDS - Free Report) are among the top holdings in these ETFs.
Please watch the short video above to learn more.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
ETFs to Gain from a Supercharged Consumer
The American consumer is very strong and ready to splurge this holiday season. Retail sales rose in October for the third consecutive month, and the most in seven months. Large savings amassed during the pandemic and rising wages are resulting in robust spending, even though inflation is rising at the fastest pace in 30 years.
Retail earnings have mostly been better than expected but many companies reported margin pressures resulting from supply chain disruptions, rising costs and labor shortages. Economists expect supply chain disruptions to ease in the coming months, but don’t expect a return to pre-pandemic levels until next year.
The National Retail Federation (NRF) expects holiday sales during November and December to rise between 8.5% and 10.5%. “There is considerable momentum heading into the holiday shopping season,” per NRF CEO.
The SPDR S&P Retail ETF (XRT - Free Report) is an equal-weighted ETF that provides broad exposure to retail industry. The Invesco S&P SmallCap Consumer Discretionary ETF (PSCD - Free Report) selects consumer discretionary stocks from the S&P SmallCap 600 index.
The Invesco DWA Consumer Cyclicals Momentum ETF (PEZ - Free Report) selects and weights stocks by price momentum. Macy’s (M - Free Report) , Signet Jewelers (SIG - Free Report) and Dillard’s (DDS - Free Report) are among the top holdings in these ETFs.
Please watch the short video above to learn more.