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15 handpicked stocks

Consumer Confidence On The Rise

A recent report showed a rise in U.S. consumer confidence, driven by lower inflation fears and a climbing stock market. This suggests consumers may be more willing to spend, creating a potential tailwind for companies that sell non-essential goods and services.

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Author avatar

Han Tan | Market Analyst

Updated 1 day ago | Published at July 30

Top Picks from This Group

Here are a few of the assets in this group. Create an account to unlock the full list.

TJX

TJX Companies, Inc., The

TJX

Current price

$132.62

Off-price retailer positioned to benefit from increased consumer discretionary spending

PG

Procter & Gamble Company, The

PG

Current price

$154.65

Consumer goods giant with strong brand portfolio and consistent dividend payments

EL

Estée Lauder Companies Inc.

EL

Current price

$91.00

Premium beauty company that benefits from increased consumer confidence in discretionary spending

About This Group of Stocks

1

Our Expert Thinking

Rising consumer confidence creates a powerful tailwind for companies that depend on discretionary spending. When people feel optimistic about their financial future, they're more willing to spend on non-essential goods and services. This group captures that opportunity by focusing on retail, travel, and entertainment companies positioned to benefit from increased consumer demand.

2

What You Need to Know

This collection targets the consumer discretionary sector, which tends to be more sensitive to economic cycles than essential goods companies. These businesses typically see stronger performance when consumer sentiment improves, but they can also be more volatile during uncertain times. The recent uptick in the Consumer Confidence Index to 97.2 suggests a potential turning point.

3

Why These Stocks

Each company in this group was handpicked by professional analysts based on their direct exposure to consumer spending patterns. From major retailers to travel companies and entertainment firms, these stocks are positioned to potentially benefit as consumers feel more secure about opening their wallets for discretionary purchases.

12 Month Growth Potential

Use the growth calculator to see how much investing in these assets could return over one year.

If you invested across these assets:

in 12 months it could be worth:

$1,000.00

+34.99%

Group Performance Snapshot

34.99%

Average 12 Month Profit

On average, analysts expect assets in this group to grow 34.99% over the next year.

11 of 15

Stocks Rated Buy by Analysts

11 of 15 assets in this group are rated Buy by professional analysts.

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

Why You'll Want to Watch These Stocks

📈

Economic Momentum Building

The Consumer Confidence Index jumped to 97.2, signaling that people are feeling more optimistic about their financial future. This kind of positive sentiment often translates directly into increased spending on discretionary items.

🛍️

Spending Spree Potential

When consumers feel confident, they open their wallets for travel, entertainment, and retail purchases. These companies are positioned right in the path of that potential spending wave.

Cyclical Upswing Opportunity

Professional analysts have identified these stocks as prime beneficiaries of improving consumer sentiment. This represents a tactical opportunity to capture a potential economic upswing before it fully materializes.

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