1 Consumer Stock with Promising Prospects and 2 That Underwhelm

Consumer discretionary businesses are levered to the highs and lows of economic cycles. Unfortunately, the industry’s recent performance suggests demand may be slowing as discretionary stocks’ 14.8% return over the past six months has trailed the S&P 500 by 4.6 percentage points. Only some companies are subject to these dynamics, however, and a handful of high-quality businesses can deliver earnings growth in any environment. With that said, here is one consumer stock boasting a durable advantage and two ...