Published on 26 Dec 2024 on Benzinga
Telsey Advisory Group analyst Dana Telsey on Tuesday provided an overview of which consumer sectors were the best performers in the third-quarter and highlighted some “stocks with potential.”
Sectors: One of the sectors highlighted by Telsey Advisory Group was the Off-Price group including TJX Companies, Inc. TJX, Burlington Stores, Inc. BURL and Ross Stores, Inc. ROST. All three of these companies in the Off-Price sector raised their annual profit outlooks in the third quarter, suggesting the discount retailers see benefits from a potentially cash-strapped consumer.