Consumer ETFs & Stocks Surging On Strong Holiday Season

Given the record high that the stock market has hit, this holiday season has been the strongest with an e-commerce bonanza. Total U.S. retail sales, excluding automobiles, rose 3.4% year over year between Nov 1 and Dec 24 per the MasterCard Advisors' SpendingPulse. President Donald Trump tweeted that the holiday sales figure is "the biggest number in U.S. history."

Notably, e-commerce sales have surged 18.8% year over year and represent about 14.6% of total retail sales. This is primarily driven by 17% growth in apparel sales. Online electronics sales were also robust, rising 10.7%. Meanwhile, sales at department stores and jewelry rose 6.9% and 8.8%, respectively. Consumer spending is benefiting from wage growth and a strong labor market. The U.S. economy is on a strong growth path with job additions being the fastest this year and unemployment dropping to the lowest level since 1969. (AMZN - Free Report) topped the list with a record number of shoppers during the holiday season with "billions of items ordered worldwide" from its site.

A robust holiday season drove many corners of the consumer space, including e-commerce, giving a boost to many stocks and ETFs in the final quarter of 2019. Below we have highlighted four such ETFs & stocks that are leading the space this holiday season.

ETF Corner

VanEck Vectors Gaming ETF (BJK - Free Report) – Up 8.7%

This ETF provides investors with exposure to companies involved in casinos and casino hotels, sports betting, lottery services, gaming services, gaming technology and gaming equipment. It follows the MVIS Global Gaming Index, holding 42 securities in its basket. It is moderately concentrated across components with each holding less than 8% of the assets. The product has AUM of $27 million and average daily volume of roughly 3,000 shares. It has a Zacks ETF Rank #3 (Hold) with a High-risk outlook.

ProShares Online Retail ETF (ONLN - Free Report) – Up 3%

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Disclosure: contains statements and statistics that have been obtained from sources believed to be reliable but are not guaranteed as to accuracy or completeness. References to any specific ...

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