A Discreet Shopping Surge Is Steadily Boosting These ETFs
Written by Emily J. Thompson, Senior Investment Analyst
Source: Benzinga
Early Shopping Trends: The U.S. mid-season shopping season has seen a significant increase in early consumer activity, with 67% of shoppers starting their purchases by early July, the highest since 2018, indicating a shift towards a multibillion-dollar shopping period.
Investment Opportunities: This surge in shopping is beneficial for ETFs focused on consumer goods, technology, and food sectors, with particular attention on semiconductor and retail ETFs, as families prepare for back-to-school and college expenses.
Analyst Views on RTH
Wall Street analysts forecast RTH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RTH is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
0 Buy
0 Hold
0 Sell
Current: 263.764
Low
Averages
High
Current: 263.764
Low
Averages
High
No data
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
