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This is especially true of consumer companies. While consumer businesses typically see steady sales over the course of the year, they really count on the holidays to boost their profits. This year is expected to be no different. If you think of gifts that people really want, aside from the latest tech device, its products like fragrances, apparel, and jewelry.
These are the types of gifts that fit perfectly in stockings. And the companies that sell these gifts can also make great investments, especially if they’re ranked highly in our POWR Ratings system. This is why I think investors should consider consumer stocks such as Coty Inc. (COTY), PVH Corp. (PVH), and Signet Jewelers (SIG), which should see a boost this month.
