\nConsumul este \u00eenc\u0103 puternic la finalul lui 2018, iar asta ofer\u0103 perspective bune de \u00eenceput de an pentru companiile din retail, potrivit Fortune.<\/p>\n
\nSpre exemplu, \u00een SUA, consumul a adus circa trei sferturi din cre\u015fterea economic\u0103 din ultimul trimestru.<\/p>\n
\nCu toate acestea, Melda Mergen, deputy global head o equities \u00een cadrul Columbia Threadneedle Investments, se a\u015fteapt\u0103 la o \u00eencetinire a consumului \u00een 2019 fa\u0163\u0103 de 2018.<\/p>\n
\nC\u00e2nd economia apas\u0103 pedala de fr\u00e2n\u0103, investitorii s-au refugiat \u00een mod istoric tot timpul \u00een ac\u0163iunile companiilor cu activitate bazat\u0103 pe consum \u2013 companii care produc past\u0103 de din\u0163i, cereal\u0103 \u015fi alte produse pe care clien\u0163ii le vor cump\u0103ra mereu.<\/p>\n
\nAceste ac\u0163iuni au crescut semnificativ \u00een ultimii ani \u015fi au atras investitorii dornici de c\u00e2\u015ftiguri.<\/p>\n
\nAc\u0163iunile Coca-Cola, spre exemplu, se tranzac\u0163ionez\u0103 la 76x, cu o performan\u0163\u0103 aproape la fel de bun\u0103 ca cea a Amazon. Aceste cre\u015fteri \u00eens\u0103 sunt considerate \u201eprea mari\u201d pentru a mai oferi un refugiu sigur investitorilor.<\/p>\n
\n\u201e\u00centr-un declin prelungit, suntem \u00eengrijora\u0163i c\u0103 aceste ac\u0163iuni nu \u00ee\u0163i vor da genul de protec\u0163ie pe care \u0163i-o ofereau \u00een mod tradi\u0163ional\u201d, spune Tom Hancock, managerul fondului GMO Quality Fund, cu un portofoliu de 6,8 miliarde de dolari.<\/p>\n
\n\u00cen schimb, investitorii se uit\u0103 mai atent la c\u00e2\u0163iva discounteri care sunt lega\u0163i at\u00e2t de nevoile consumatorilor c\u00e2t \u015fi de trecerea \u00eenspre pia\u0163a de comer\u0163 electronic.<\/p>\n
\nDiscounterii au dezvoltat o rela\u0163ie de simbioz\u0103 at\u00e2t cu clien\u0163ii care cump\u0103r\u0103 exclusiv online, c\u00e2t \u015fi cu cei care vor s\u0103 mearg\u0103 \u00een magazin s\u0103 cumpere.<\/p>\n
\nBarbara Miller, care gestioneaz\u0103 10,3 miliarde de dolari \u00een cele trei fonduri Federated Kaufmann, sus\u0163ine compania TJX, compania-mam\u0103 a unor discounteri americani precum T.J. Maxx \u015fi Marshalls. Miller sus\u0163ine c\u0103 TJX are poten\u0163ialul de a dep\u0103\u015fi at\u00e2t cre\u015fterea sectorului de retail c\u00e2t \u015fi cre\u015fterea pie\u0163ei.<\/p>\n
\nDan Chung, CEO \u015fi CIO al Fred Alger Investments, crede c\u0103 Burlington Stores \u2013 un discounter cu venituri de \u015fase ori mai mici dec\u00e2t TJX \u2013 poate cre\u015fte chiar mai rapid, dup\u0103 ce a anun\u0163at c\u0103 va deschide 50 de loca\u0163ii noi pe an, pe l\u00e2ng\u0103 cele 650 existente deja \u015fi c\u0103 va folosi o strategie imobiliar\u0103 bazat\u0103 pe analiz\u0103 de date.<\/p>\n
\nChung se a\u015fteapt\u0103 ca veniturile Burlington s\u0103 creasc\u0103 la o rat\u0103 anualizat\u0103 de 10% pe an \u00een urm\u0103torea perioad\u0103 \u015fi s\u0103 \u00ee\u015fi extind\u0103 marja opera\u0163ional\u0103 de 8%.<\/p>\n
\nCEO-ul Fred Alger Investments este \u00eencrez\u0103tor, de asemenea, \u015fi \u00een cap\u0103tul de lux al spectrului. \u201eCred c\u0103 \u00een retail cel mai greu este s\u0103 fii \u00een linia de mijloc\u201d, spune el.<\/p>\n
\nAcesta consider\u0103 c\u0103 Tiffany, legendarul brand de diamante care are un nou CEO, ar putea avea perspective bune.<\/p>\n
\nInelele de logodn\u0103 reprezint\u0103 peste 25% din v\u00e2nz\u0103rile de 4,2 miliarde dolari ale Tiffany \u2013 un business la care Chung se a\u015fteapt\u0103 s\u0103 nu \u00eencetineasc\u0103 chiar dac\u0103 economia global\u0103 \u00eencetine\u015fte.<\/p>\n
\nAstfel, retailerii cu cele mai bune perspective de cre\u015ftere pe burs\u0103 pentru 2019 ale\u015fi de anali\u015ftii \u015fi managerii de fonduri de investi\u0163ii chestiona\u0163i, sunt TJX Companies, Burlington Stores, Tiffany, Home Depot, Amazon, Constellation Brands.<\/p>\n
\n <\/p>\n
\n <\/p>\n","protected":false},"excerpt":{"rendered":"
Consumul este \u00eenc\u0103 puternic la finalul lui 2018, iar asta ofer\u0103 perspective bune de \u00eenceput de an pentru companiile din retail, potrivit Fortune. Spre exemplu, \u00een SUA, consumul a adus circa trei sferturi din cre\u015fterea economic\u0103 din ultimul trimestru. Cu toate acestea, Melda Mergen, deputy global head o equities \u00een cadrul Columbia Threadneedle Investments, se […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[510],"tags":[5438,7734,82,149,4456,7554,399],"class_list":["post-167386","post","type-post","status-publish","format-standard","hentry","category-actualitate","tag-amazon","tag-analisti","tag-bani","tag-investitii","tag-pariu","tag-recomandare","tag-retail"],"_links":{"self":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/167386","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=167386"}],"version-history":[{"count":0,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/167386\/revisions"}],"wp:attachment":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=167386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=167386"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=167386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}