Play Rio 2016 Olympics With These Stocks & ETFs

Finally, it’s the day for the opening ceremony of the 2016 Summer Olympics. The event will take full control of sports lovers all over the world till August 21. And it isn’t only sports lovers who are excited about such big events, these also mean a lot for the economy of both the core country and all over the world. So, we have a game plan for investors who are on their mark to get set and go to strike gold.

For the coming two weeks, sponsors of the event will take full charge of your television and radio, put up hoardings and try any means of advertisement to promote their brands, definitely within the rules set by International Olympic Committee (IOC).

Moving a little forward, companies that are into the tourism sector will also be in focus due to this event, as athletes, event organizers and most importantly spectators around the world will gather in the hosting country Brazil’s Rio de Janeiro. So, this sporting extravaganza will have a substantial impact on several companies and their related ETFs.

Below we highlight the stocks and ETFs that can benefit from this event.

Consumer

The list of Olympic partners include big consumer stocks like Coca-Cola (KO - Analyst Report) , McDonald's (MCD - Analyst Report) , The Procter & Gamble Company (PG - Analyst Report) . As a result, consumer ETFs like Consumer Staples Select Sector SPDR Fund XLP, Fidelity MSCI Consumer Staples Index ETF FSTA and Vanguard Consumer Staples ETF VDC will benefit from their considerable exposure to PG and KO. Investors can also bet on PowerShares Dynamic Leisure and Entertainment Portfolio ETF PEJ to gain exposure to a full array ofleisure stocks including MCD.

Media & Telecom

As followers of the event will stay updated on it through television and newspaper, media stocks should shoot up during the event. So, investors can definitely take a look at the media ETF PowerShares Dynamic Media Portfolio PBS.

Comcast Corp’s (CMCSA - Analyst Report) NBCUniversal unit will “air live over 6,000 hours of competition on TVs and mobile devices from the Rio Olympic Games.” So, Comcast-heavy ETFs like Consumer Discretionary Select Sector SPDR Fund XLY will also be in focus.

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Disclosure: None.

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