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Spending Soars: 5 Consumer Discretionary Stocks With the Most Upside
TILEInterface(TILE) ZACKS·2024-09-03 19:45

Consumer spending rose in July, driven by higher spending on a wide variety of goods and services, indicating that the economy is growing at a solid pace. The increase in spending was also prompted by a rise in personal income and wages. Given this situation, it would be ideal to invest in consumer discretionary stocks like Interface, Inc. (TILE) , Reservoir Media, Inc. (RSVR) , Stride, Inc. (LRN) , Kontoor Brands, Inc. (KTB) and Royal Caribbean Cruises Ltd. (RCL) . Consumer Spending, Personal Income Rise O ...