July Retail Promotions Historically Boost Stocks, Here Are The Companies And ETFs To Watch

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July Retail Promotions Historically Boost Stocks, Here Are The Companies And ETFs To Watch - Benzinga

Quick Summary:

Certain retail and tech stocks typically perform well in July as companies hold promotional events during the summer.Retail giant Amazon.com, Inc.(NASDAQ:AMZN), which offers Prime Day sales in mid-July, rose the last two Julys after slipping in July 2021 and July 2020.The Home Depot Inc.(NYSE:HD), the world’s largest home improvement retailer which holds an annual Fourth of July sale, has made gains in the last four Julys.Apple Inc.(NASDAQ:AAPL) has ascended the last three out of four Julys as the company approaches fall ...

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Emails to analysts covering Amazon, Home Depot, Apple and Microsoft were not immediately returned.