Service Corp. International (SCI) is an example of a more stable growth type position, as it owns and operates 15% of the North American deathcare market, notes Vince LoRusso. He highlights Service Corp. International as one of his long stock picks. He also looks at Yeti (YETI). He highlights that the broader slowdown in capacity to consumer is noteworthy for more discretionary purchases. He mentions that Yeti is already seeing decelerating growth trends and some margin pressure, but the “fashion” element of these purchases might be under-estimated. Tune in to find out more about the stock market today.
Market On Close
04 Jan 2024
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