The best stocks to trade on Black Friday; originally published at "long-term-investments.blogspot.com". Today is Black Friday. Yes, also for the financial markets is this calendar date a very meaningful event. It is the first day of the pre Christmas shopping season which indicates the strength of the full period. People searching for the best offers, the most attractive deals and spend as much money as their credit card allows. Some companies will benefit from Black Friday and the pre Christmas shopping season. Investors should be careful by buying Black Friday stocks.
I made a screen of well-known stocks which have an exposure to the current event. They are well diversified and should not have a higher downside risk if the sales numbers are weaker than expected. If you like the theme shopping and consumer goods and you like to buy stocks from several industries covering these ideas, then you should take a look at the list of the 20 Black Friday stocks below.
The Black Friday shopping stock list consists of twenty stocks with consumer focus (apparel, jewelry, retail electronics and food). Most of them pay dividends and the average stocks is expected to grow in earnings by a double-digit amount. Below the results is one high-yield and sixteen have a current buy or better rating by brokerage firms.
Here is the full table with some fundamentals:
Take a closer look at the full table. The average P/E ratio amounts to 20.53 and forward P/E ratio is 15.73. The dividend yield has a value of 1.55 percent. Price to book ratio is 10.24 and price to sales ratio 2.08. The operating margin amounts to 13.80 percent. The average stock has a debt to equity ratio of 0.57.
Related stock ticker symbols:
BBY, PG, DEO, HSY, WMT, TGT, VFC, TIF, LTD, LUX, GPS, COST, RL, EL, PVH, FOSL, EBAY, BF-B, AAPL, AMZN
I am long PG, DEO, WMT, EBAY. I receive no compensation to write about these specific stocks, sector or theme. I don't plan to increase or decrease positions or obligations within the next 72 hours.
For the other stocks: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I receive no compensation to write about any specific stock, sector or theme.