The recent rate cut, the biggest in 16 years, has impacted consumer discretionary stocks. Here are four stocks to consider buying in this sector.
1. Apple Inc. (AAPL): As a leader in technology and innovation, Apple continues to attract consumers with its popular products like the iPhone and MacBooks.
2. Amazon.com Inc. (AMZN): With its diverse range of products and services, Amazon remains a top choice for consumers looking for convenience and competitive prices.
3. The Walt Disney Company (DIS): Known for its iconic entertainment properties, Disney has a strong presence in both the traditional and streaming media markets.
4. Nike Inc. (NKE): As a global leader in athletic footwear and apparel, Nike has a strong brand presence and a loyal customer base.
Overall, these consumer discretionary stocks are worth considering for investors looking to capitalize on the recent rate cut.