Does Consumer Popularity Equal a Better Stock Pick?
Posted on February 08, 2013 at 13:20 PM EST
As a nation of shoppers—70% of gross domestic product comes from consumer spending—we probably buy too much stuff. But look on the bright side: All that shopping could make us better stock pickers. Even investing icon Peter Lynch took note of the advantages we can gain from watching spending trends around us—and famously invested in a pantyhose company because his wife liked its product. Simply put we just favor the retailers we love over those we hate a concept you can readily extend to consumer companies beyond the mall to include those that sell us stuff like cars telephone ...
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here
©2013 MoneyShow.com, LLC. All Rights Reserved. For a complete trademark notice, please see the Terms of Service