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

US crude oil production has more than doubled since 2009 and grew by 1.1% over the last year. Currently, there are 133 operable refineries in the US.

The cannabis industry is fighting against the ongoing US-China trade war and recessionary worries, which have hurt valuations across the global market.

Higher revenues, increased ticket prices, and lower fuel costs are likely to drive American Airlines' Q3 earnings higher despite its Boeing MAX woes.

HEXO plans to report its Q4 earnings before the market opens on October 24. October has been tough for Hexo, with its stock falling 31.2% as of October 18.

Today, Advanced Micro Devices (AMD) rose 4% to over $32, making it one of the top Nasdaq gainers. Morgan Stanley raised its price target for AMD stock.

Early in 2019, President Donald Trump warned that China could overtake the US as a global power. He vowed that this would not happen under his leadership.