The top winners today among the consumer cyclical stocks were Mattel and G-III Apparel Group, Ltd. These stocks do well at the beginning and middle part of an economic recovery. They do well until a recession begins. These are the companies the produces goods that are wants more than goods. This is also what is called consumer discretionary stocks.
These are some of the best stocks to buy right now since it looks like our economy is on the rise. Unemployment is still high, but is a full 1 percent away from the high we saw a couple of years ago.
Mattel Inc (MAT) is a toy producer. They saw a gain of 7.85% to close at $19.91 on the day. It is a very large cap stock at around $10 billion on 338 million shares outstanding. The earnings-per-share on this stock is $2.13. They are trading at their 52- week highs of $32.23.
G-III Apparel Group (GIII) is the other stock. They closed the day at $25.57 a share, up 3.02%. They are a half a billion dollar company.
Is it a safe investment move to buy
With the