Top 5 Consumer Discretionary Stocks Set to Beat On Q1 Earnings
Zacks.com
2 hrs ago
First-quarter 2021 earnings are in full swing and market participants are watching the results closely as the last quarter was a strong one both in terms of economic data and stock market performance. Corporate profits in the first quarter and their guidance will be thoroughly scrutinized by financial experts and economists to gauge whether the U.S. economy will return to the pre-pandemic level by mid-2021.
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Consumer Discretionary Sector in Q1
The consumer discretionary sector comprises businesses that sell goods and services, which are considered non-essential by consumers. These are the products that consumers can avoid without any major consequences to their well-being. In fact, these goods are desirable only if the available income of an individual is sufficient to purchase them.