5 Consumer Discretionary Stocks To Rise Post Pandemic

But the pandemic scenario is different from the previous financial downturns. The coronavirus compelled businesses to close down, inducing a scenario of unemployment and supply crunch. Therefore a vaccine against this deadly disease resume normalcy fast. Hopes of a new round of financial stimulus and news on vaccine development aided the markets to hit record highs on several occasions this year with consumers regaining confidence in the economy’s health.

5 Stocks to Buy

Given the positive development on the coronavirus vaccine front and the scope of a possible economic rebound, we shortlisted five consumer discretionary stocks that are poised to grow post-pandemic. What’s more? These stocks flaunt a Zacks Rank #1 (Strong Buy).

Whirlpool Corporation (WHR - Free Report) manufactures and markets home appliances and related products. The company’s expected earnings growth rate for the current year is 11.4% against the Zacks Household Appliances industry’s projected earnings decline of 2%. The Zacks Consensus Estimate for the company’s current-year earnings has been revised 39.3% upward over the past 60 days.

Crocs, Inc. (CROX - Free Report) designs, develops, manufactures, markets, and distributes casual lifestyle footwear and accessories for men, women and children. The company’s expected earnings growth rate for the next quarter is 63.4% against the Zacks Textile - Apparel industry’s projected earnings decrease of 22.5%. The Zacks Consensus Estimate for current-year earnings has been revised 27.1% upward over the past 60 days.

YETI Holdings, Inc. (YETI - Free Report) designs, markets, retails and distributes products for the outdoor and recreation market. The company’s expected earnings growth rate for the current quarter is 45% compared with the Zacks Leisure and Recreation Products industry’s projected earnings growth of 8.8%. The Zacks Consensus Estimate for the company’s current-year earnings has moved 20.8% north over the past 60 days.

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