Consumer-discretionary stocks are widely known as consumer cyclical stocks, as they tend to be sensitive to economic cycles. Despite the inflationary pressures, we have seen consumer discretion to be resilient in recent years. As the holiday season approaches, consumer discretionary stocks are gaining momentum, and companies are bracing for increased demand.
Given the probable spike in consumer activities, three such ETFs are well positioned for investors to invest in, like Invesco Dynamic Leisure and Entertainment ETF (PEJ), Fidelity MSCI Consumer Discretionary Index ETF (FDIS), and The Consumer Discretionary Select Sector SPDR Fund (XLY).
