The consumer discretionary sector remains a prime target for income investors in the second half of 2022, considering it is one of the most beaten down sectors during the first half of the year. Established retailers with strong loyalty programs and a national presence offer investors stability amid economic and financial uncertainty. Our latest addition to the Best Consumer Discretionary Stocks List is a staple in many rural communities and metropolitan markets across the United States.
Our pick is considered a leading rural lifestyle retailer in the United States, where it serves as a reliable source for farm supplies, pet and animal feed, and outdoor power equipment. There’s a good chance that you shop routinely at this particular retailer. In fact, we’re willing to bet that someone you know also joined its massive loyalty program, which consists of tens of millions of members.
In addition to brand recognition, our pick has produced solid financial results in the wake of COVID-19 lockdowns. We expect it to leverage its dominant position in the rural lifestyle retail market to continue delivering shareholder value.
To make room for our retailer pick, we’ve been forced to remove a fast food restaurant from the list.
You can check out the Best Consumer Discretionary Dividend Stocks List to explore all the stocks.
