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ETFs & Stocks to Gain on Gift Ideas This Valentine's Day
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The United States will be showered with love as 53% of its adults are planning to celebrate this Valentine’s Day. About 29% of the population will observe the occasion. Total spending would be a total of $25.8 billion (an average of $185.81 per person), per NRF. Per-person spending is higher by about $8 when compared to the average Valentine’s Day spending over the last five years.
Naturally, the day of love will translate into a great day for business. Exchanging chocolates, greeting cards, flowers, gifting precious metals should remain at the front and in the center.
Let’s dive a little deeper:
Candies, Cards & Flowers Continue to Remain Eternal
About 57% of consumers are planning to buy candies, followed by greeting cards (40%) and flowers (39%). Zacks Rank #2 (Buy) Mondelez International (MDLZ - Free Report) is likely to be one of the best bets this year. The company has about 8.64% exposure to First Trust Nasdaq Food & Beverage ETF (FTXG - Free Report) and 5% focus on Invesco Dynamic Food & Beverage ETF (PBJ - Free Report) .
Gifting Precious Metals Ageless
Gifting jewelry this Valentine’s Day has become more popular than ever before. Total spending on jewelry could touch a high of $6.4 billion, per NRF. Also, forget gifting precious metal in physical form, gift gold bullion ETF SPDR Gold Shares (GLD - Free Report) . It is up 6.9% in the past one year. Gold is considered to be a safe haven and may gain strength if the stock volatility persists.
Gifting An Experience: A Booming Trend
About 32% of people is planning an evening out and they are likely to spend about $4.9 billion. In this regard, restaurant ETF AdvisorShares Restaurant ETF (EATZ) and experience ETFs like Defiance Hotel, Airline, and ALPS Global Travel Beneficiaries ETFJRNY should benefit. As far as stocks are concerned, Zacks Rank #2 hotel Hilton Grand Vacations (HGV - Free Report) and restaurant Brinker International (EAT - Free Report) are good bets.
Shopping Online A Fad Now
Online purchasing would continue to rule as about 40% of consumers are planning to buy their Valentine’s gifts online this year (up from 35% recorded last year). ProShares Online Retail ETF (ONLN - Free Report) is a beneficiary of the trend. With all the celebration around, who can get forget Amazon (AMZN - Free Report) , a hot destination of online shopping?
Buy Your Valentine A Clothing-Heavy ETF
About 21% of consumers find clothing as a good gift this Valentines Day. The Zacks Rank #2 (Buy)SPDR S&P Retail ETF (XRT - Free Report) invests 22.34% of its basket in apparel retail. Hence, the fund may gain in the near term.
Dollar Store: A Winner Too?
Visiting department stores (33%) and discount stores (31%) would also remain in trend. Consumers will look for sales and promotions while celebrating Valentine’s Day this year. Several discount retailers like Zacks Rank #2 Costco (COST - Free Report) may win from the trend and make VanEck Vectors Retail ETF (RTH - Free Report) a winner.
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ETFs & Stocks to Gain on Gift Ideas This Valentine's Day
The United States will be showered with love as 53% of its adults are planning to celebrate this Valentine’s Day. About 29% of the population will observe the occasion. Total spending would be a total of $25.8 billion (an average of $185.81 per person), per NRF. Per-person spending is higher by about $8 when compared to the average Valentine’s Day spending over the last five years.
Naturally, the day of love will translate into a great day for business. Exchanging chocolates, greeting cards, flowers, gifting precious metals should remain at the front and in the center.
Let’s dive a little deeper:
Candies, Cards & Flowers Continue to Remain Eternal
About 57% of consumers are planning to buy candies, followed by greeting cards (40%) and flowers (39%). Zacks Rank #2 (Buy) Mondelez International (MDLZ - Free Report) is likely to be one of the best bets this year. The company has about 8.64% exposure to First Trust Nasdaq Food & Beverage ETF (FTXG - Free Report) and 5% focus on Invesco Dynamic Food & Beverage ETF (PBJ - Free Report) .
Gifting Precious Metals Ageless
Gifting jewelry this Valentine’s Day has become more popular than ever before. Total spending on jewelry could touch a high of $6.4 billion, per NRF. Also, forget gifting precious metal in physical form, gift gold bullion ETF SPDR Gold Shares (GLD - Free Report) . It is up 6.9% in the past one year. Gold is considered to be a safe haven and may gain strength if the stock volatility persists.
Gifting An Experience: A Booming Trend
About 32% of people is planning an evening out and they are likely to spend about $4.9 billion. In this regard, restaurant ETF AdvisorShares Restaurant ETF (EATZ) and experience ETFs like Defiance Hotel, Airline, and ALPS Global Travel Beneficiaries ETF JRNY should benefit. As far as stocks are concerned, Zacks Rank #2 hotel Hilton Grand Vacations (HGV - Free Report) and restaurant Brinker International (EAT - Free Report) are good bets.
Shopping Online A Fad Now
Online purchasing would continue to rule as about 40% of consumers are planning to buy their Valentine’s gifts online this year (up from 35% recorded last year). ProShares Online Retail ETF (ONLN - Free Report) is a beneficiary of the trend. With all the celebration around, who can get forget Amazon (AMZN - Free Report) , a hot destination of online shopping?
Buy Your Valentine A Clothing-Heavy ETF
About 21% of consumers find clothing as a good gift this Valentines Day. The Zacks Rank #2 (Buy)SPDR S&P Retail ETF (XRT - Free Report) invests 22.34% of its basket in apparel retail. Hence, the fund may gain in the near term.
Dollar Store: A Winner Too?
Visiting department stores (33%) and discount stores (31%) would also remain in trend. Consumers will look for sales and promotions while celebrating Valentine’s Day this year. Several discount retailers like Zacks Rank #2 Costco (COST - Free Report) may win from the trend and make VanEck Vectors Retail ETF (RTH - Free Report) a winner.