Seeking Alpha

Gift card sales strong this holiday season

  • Gift card sales were an out-performer in the retail sector this holiday season.
  • Open network branded card sales rose 7.3% this year while retailers saw gift card sales shoot up 10, according to Corporate Executive Board.
  • The consumer trend toward more gift card usage should provide a lift to MasterCard (MA +0.8%) and Visa (V +0.3%) as well as adding at least some support to retail sales in Q1 of 2014 as sales are booked.
  • Related stocks: SBUX, BBY, HAWK, WMT, TGT, DNKN, MCD.
Comments (1)
  • jpmj4847
    , contributor
    Comments (537) | Send Message
     
    MA the biggest winner, I'm long. jpmj4847
    26 Dec 2013, 03:25 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs