Despite the Holiday-Shortened Week, We’re Not Short on Profits

by Mahdis Marzooghian
By Mahdis Marzooghian

You’re most likely still recovering from a turkey and football-filled day of Thanksgiving festivities and Black Friday shopping, so I’ll keep this short.

First of all, I hope you had a wonderful Thanksgiving surrounded by your loved ones, with plenty of delicious food, laughter and good times. Maybe even a little football in between.

Perhaps you even managed to get some Black Friday shopping done yesterday, and if you didn’t feel like leaving the house, you’re likely planning on grabbing some juicy Cyber Monday deals.

In fact, Forbes predicted that “consumers plan to spend an average of $567 during the Black Friday and Cyber Monday shopping events, which would be an increase of 13% from last year.” The article continued by stating, “And Millennials are expected to drive 43% of the sales, with 68% planning on buying gifts for themselves.”   

We’ll see how the actual numbers compare with the predictions once the Black Friday and Cyber Monday shopping stats come out. Indeed, the trend for online spending has only increased over the past several years, especially now with Cyber Monday bookending the Thanksgiving weekend.

Click here to see full-sized image.

 

But whether you found some great deals shopping in stores yesterday or are planning on hunting them down this upcoming Monday from the comfort of your home, just know that our experts here at Weiss Ratings are doing the research to find you the best “deals” and opportunities in the stock market today

Indeed, while this may be a holiday-shortened week, we’re certainly not short on profits here at Weiss Ratings, and we’ve rounded up our experts’ three top articles to hand you plenty of ideas and opportunities for gains … 

Reasons to Love Consumer Staples

Our Director of Research & Ratings Gavin Magor tells you why you should consider putting some highly ranked Weiss Ratings consumer staples stocks in your portfolio.

A Disruption Bigger Than Sam Altman’s Firing

With the recent news surrounding the firing of OpenAI CEO Sam Altman, tech expert Jon Markman gives you the scoop on a story you need to read.

Hear It Straight from the Energy Horse’s Mouth

Natural Resources Analyst Sean Brodrick has three new angles to play energy that you need to know about. In fact, he even went a step further to let you hear about each company straight from the energy horse’s mouth.

Until next time,

Mahdis Marzooghian
Managing Editor
Weiss Ratings Daily

About the Managing Editor

Mahdis is a Managing Editor for the traditional finance (TradFi) team of research analysts and senior editors at Weiss Ratings. 

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