In his latest column for Canada’s Globe and Mail, Validea CEO John Reese says he’s finding lots of opportunities in the resilient consumer sector.
“The 2008 stock market crash, the bursting of the housing bubble and the Great Recession were supposed to have given American shoppers a debilitating one-two-three punch that would keep them down for years, if not decades,” Reese writes. “But they’ve shown surprising resilience.” Shares of many consumer plays have thus surged since the market bottomed in 2009 — and Reese says many are poised for further gains.
Reese uses his Guru Strategies, which are based on the approaches of some of history’s best investors, to find some of the top consumer stocks in the market right now. Among the stocks he highlights: discount retailer Ross Stores. To read the full article, click here.