Discretionary stocks have been battered.
Today we look at the best Discretionary stocks to buy for August 2022.
Did you know that the discretionary sector tends to outperform after major underperformance?
It’s true. Not only that, history shows that after 2 quarters of negative GDP the discretionary group gains 6 months later.
Best Discretionary Stocks to Buy for August 2022
In this video, we dive into data then look at the best Discretionary stocks on our radar.
We crack open the Consumer Discretionary Select SPDR ETF (XLY) for some of the best ranked stocks.
Lucas Downey breaks down the following 3 Best Discretionary Stocks to Buy Now for August 2022:
- 2:54 Genuine Parts Company (GPC)
- 5:08 Ulta Beauty, Inc. (ULTA)
- 7:12 Domino’s Pizza, Inc. (DPZ)
Make sure to follow our YouTube channel here so you never miss any of our videos.
Also, you can find our other videos here.
Disclosure: Luke holds long positions in DPZ in personal and managed accounts.