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5 Discretionary Stocks to Buy as Consumer Confidence Hits 9-Month High
AOUTAmerican Outdoor Brands(AOUT) ZACKS·2024-10-30 20:01

U.S. consumers are much more confident now than they were last month. A jumbo rate cut announced last month by the Federal Reserve, coupled with optimism surrounding more interest rate cuts in the coming months, have made consumers confident about the economy's health. Given the positive sentiment, it would be ideal to invest in discretionary stocks such as American Outdoor Brands, Inc. (AOUT) , Crocs, Inc. (CROX) , Norwegian Cruise Line Holdings Ltd. (NCLH) , Netflix, Inc. (NFLX) and Mattel, Inc. (MAT) . T ...