- Reuters
US online retail spending up 7% Jan-April, driven by demand for cheaper products, report says
Consumer discretionary spending has been in focus over the past several months, as sticky inflation has forced shoppers in various categories to trade down to more affordable products. According to Adobe's data, the share of the cheapest units sold in categories like grocery and personal care has increased during the first four months of the year, while the share of the most expensive products has come down, indicating consumers are looking for cheaper alternatives. For instance, the share of least expensive groceries has gone up to 48% in April 2024 from 36% seen in January 2019.
- Insider Monkey
Wall Street Analysts See Upside Potential for 10 Stocks with Rising Price Targets
In this article, we will discuss the 10 stocks whose price targets were recently raised by analysts. If you want to see more such stocks on the list, go directly to Wall Street Analysts See Upside Potential for 5 Stocks with Rising Price Targets. On May 8, the S&P 500 faced resistance after a four-day winning […]
- Motley Fool
Is Walmart Stock Going to $69? 1 Wall Street Analyst Thinks So.
Walmart's growth in e-commerce and advertising services are catalysts for higher margins and earnings this year.
