6 Jan

Analyzing Outliers in the Consumer Space

WRITTEN BY Gabriel Kane

S&P 500 versus S&P 500 Staples and S&P 500 Discretionary

The S&P Consumer Staples sector started the new year slightly outperforming the S&P 500 as a whole, -0.61% to -1.3%. On the other hand, S&P Consumer Discretionary stocks returned -1.9%. The S&P 500 Consumer Staples sector is usually a relatively safe investment.

S&P Consumer Discretionary stocks have an annualized return of 11.0% which is much higher than the 1.9% and 7.2% returns of the S&P 500 and the S&P 500 Consumer Staples stocks, respectively.

Analyzing Outliers in the Consumer Space

 Top gainers on January 5, 2016

The top-gaining stocks as of January 5, 2016, are as follows:

  • Vista Outdoor (VSTO) rose by 3.1% with the new gun-ownership rules in the United States.
  • Harman International Industries (HAR) rose by 3.1% with its developments in products and technology.
  • Reynolds American (RAI) rose by 3.0% with its creation of a new subsidiary, RAI Innovation Company.
  • Sony (SNE) rose by 3.0% with the increase of its PlayStation 4 software sales in the 2015 holiday season.

In the articles to come, we will take a look at the the above stocks’ performances, price movements, and latest quarterly results.

The Consumer Staples Select Sector SPDR ETF (XLP) tracks a market-cap–weighted index of consumer staples stocks that are drawn from the S&P 500 Index. XLP is the ETF of consumer goods.

Latest articles

Goldman Sachs (GS) settled a lawsuit that alleged it rigged bond prices. Also, Deutsche Bank agreed to pay a fine of $15 million to settle a lawsuit.

In the November 15 premarket trading session, Amarin Corporation (AMRN) stock rose more than 7%, caused by the FDA positive decision for Vascepa.

In the November 14 trading session, Aurora Cannabis (ACB) stock fell 12.7% from the previous session during after-hours trading.

Strategy Analytics reported that Apple could lead the 5G smartphone market in 2020, outshining Samsung—the current leader in the global 5G market.

This week has been tough for the cannabis sector. Cronos Group and Canopy Growth reported lower-than-expected earnings, and the sector ETFs dropped.

Yesterday, Argus Research upgraded Uber stock from “hold” to “buy.” Let's look at Uber and Lyft’s recent analyst rating changes.