The Zacks Analyst Blog Highlights Deckers Outdoor, Activision Blizzard, Live Nation Entertainment, Ralph Lauren and NIKE
For Immediate Release
Chicago, IL January 25, 2023 Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Deckers Outdoor Corp. DECK, Activision Blizzard Inc. ATVI, Live Nation Entertainment Inc. LYV, Ralph Lauren Corp. RL and NIKE Inc. NKE.
Here are highlights from Tuesdays Analyst Blog:
Top 5 Consumer Discretionary Stocks to Enhance Your Portfolio
The consumer discretionary sector suffered the most in terrible 2022. The inflation rate was at a 40-year high. In order to combat mounting inflation, the Fed hiked the benchmark interest rate to its highest level in 15 years and its strict monetary tightening raised the risk-free market interest rate to a two-decade high. A higher interest rate is detrimental to growth sectors like consumer discretionary.
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