Consumer discretionary is a volatile sector with mean reversion and interest rate sentiment, says Mel Casey. He and Max Wasserman discusses the outlook for consumer discretionary stocks. They talk about the effects of interest rates and inflation on consumer discretionary stocks. Mel also notes that we are nearing a historically good entry point, highlighting some of his stock picks which include Amazon (AMZN), Tesla (TSLA), McDonald's (MCD), and TJX Companies (TJX). Max's stock picks include Genuine Parts Company (GPC) and Starbucks (SBUX). They then gauge the value of the consumer discretionary market. Tune in to find out more about the stock market today.
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