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17 handpicked stocks

Job Market Strength Fuels Consumer Spending

Recent data shows jobless claims have fallen for six consecutive weeks, signaling a resilient labor market. This trend suggests continued economic stability and creates potential opportunities in companies that benefit from strong consumer spending.

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Han Tan | Market Analyst

Updated 1 day ago | Published at July 27

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

PG

Procter & Gamble Company, The

PG

Current price

$154.36

COST

Costco Wholesale

COST

Current price

$972.04

About This Group of Stocks

1

Our Expert Thinking

A strong labor market creates a powerful economic foundation. When jobless claims fall for six consecutive weeks, it signals that fewer people are losing their jobs and more consumers have steady income. This stability typically leads to increased spending on everything from everyday essentials to discretionary purchases, benefiting companies across multiple sectors.

2

What You Need to Know

This group focuses on consumer-facing companies that thrive when people feel secure about their jobs and finances. These stocks span both essential goods (like household products) and discretionary spending (like retail and home improvement). The theme offers cyclical exposure to American consumer health, making it sensitive to employment trends and economic stability.

3

Why These Stocks

These companies were handpicked by professional analysts for their direct exposure to consumer spending patterns. From discount retailers that benefit from budget-conscious shoppers to premium brands that see increased demand during economic confidence, each stock represents a different way to capitalize on a resilient job market and the consumer spending it supports.

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

+20.17%

Group Performance Snapshot

20.17%

Average 12 Month Profit

On average, analysts expect assets in this group to grow 20.17% over the next year.

12 of 17

Stocks Rated Buy by Analysts

12 of 17 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

Six consecutive weeks of declining jobless claims suggests the economy is gaining strength. When employment is stable, consumer confidence typically follows, creating a positive cycle for spending-dependent businesses.

💰

Consumer Wallets Opening Up

A strong job market means more people have steady paychecks and feel secure about their financial future. This confidence translates directly into increased spending on both necessities and discretionary purchases.

🎯

Strategic Timing Advantage

These companies are positioned at the intersection of economic recovery and consumer behavior. As employment data continues to improve, early investors in consumer-focused stocks could benefit from the spending wave that typically follows job market strength.

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