Consumer spending increased solidly in April, showing resilience in the face of the economic headwinds, with households boosting purchases at online retailers and spending more at restaurants and bars. Retail sales increased 0.4% in April, while core sales up 0.7%.
So, I think it might be ideal to buy Altria Group, Inc. (MO) and China Automotive Systems, Inc. (CAAS), considering their strong fundamentals.
