JPMorgan finds 7 consumer stocks with promise

JPMorgan analyst Thomas Lee thinks personal spending in the U.S. will hold up enough to give a boost to consumer stocks.

He has seven large cap consumer stocks lined up as recommended picks for investors to buy. The list runs the gamut from beaten-down retailers to media giants.

JPM's top consumer stocks: Best Buy (BBY), Coach (COH), Disney (DIS), Lowe's (LOW), Macy's (M), MGM Resorts (MGM), Viacom (VIAB).

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Comments (6)
  • rickraff
    , contributor
    Comments (319) | Send Message
    Coach? Are you serious? Coach is getting its lunch eaten by Michael Kors. Is anyone paying attention at JP Morgan?
    14 Feb 2014, 10:47 AM Reply Like
  • cjay18
    , contributor
    Comments (541) | Send Message
    Sell side analysts for us exist for one reason: to see what they are saying and which names might be affected. Their recommendations are no more trustworthy today than they were before 2004 when the SEC cracked down on abuses by individual and firm wide analysts. Buying a stock solely on the basis of a sell side recommendation is today's equivalent of buying on a tip from an elevator operator in 1928.
    14 Feb 2014, 11:10 AM Reply Like
  • looking4adouble
    , contributor
    Comments (5) | Send Message
    Recommending BBY and Coach is insane. Dead companies, one because of Amazon, the other because they've irreparably damaged their premium image for the shopping malls of middle America.
    14 Feb 2014, 11:22 AM Reply Like
  • Joannelly
    , contributor
    Comment (1) | Send Message
    Investing in the stock market world wide for the last 40 years with some degree of successes .
    Jpm comment is very confusing and I wonder what was the motivation to report as such
    14 Feb 2014, 12:07 PM Reply Like
    , contributor
    Comments (60) | Send Message
    BBY might be a good buy now. It's been beaten down and seems likely to have nowhere to go but up. But how much?
    16 Feb 2014, 11:37 AM Reply Like
  • bill333
    , contributor
    Comments (18) | Send Message
    BBY has tremendous downside and eventually no where to go but out of business. They are not able to compete,
    18 Feb 2014, 02:39 AM Reply Like
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