Buy these 14 stocks set to benefit most from the surge in year-end holiday spending: Morgan Stanley [Business Insider]
Alaska Air Group, Inc. (ALK)
Last alaska air group, inc. earnings: 1/28 04:01 pm
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Source: Business Insider
Here are 14 companies that will benefit from the upswing, according to Morgan Stanley. Americans are gearing up for one of their favorite seasonal activities: shopping 'til they drop. End-of-year spending is expected to be robust once again, according to a new note from Morgan Stanley based on the Wall Street giant's survey of roughly 2,000 US consumers. "This holiday season is likely to see stronger spending than last," Morgan Stanley strategists led by Michelle Weaver wrote in a November 13 note, citing sentiment from her firm's economists. The key finding from the survey is that about a third of respondents plan to spend more over the holidays than they did last year, while only 22% or so plan to cut back. About 37% of consumers said they anticipated spending about as much as they did last November and December. Holiday spending reached a record of over $964 billion in 2023 , which was up 3.8% from 2022, according to the National Retail Federation. That jump was near the
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News
- Alaska Airlines wins 2024 Business Traveler Award for Best Inflight Food & Beverage [Yahoo! Finance]Yahoo! Finance
- Alaska Airlines wins 2024 Business Traveler Award for Best Inflight Food & BeveragePR Newswire
- 3 Steps to Take Right Now if Your Holiday Flight Is Canceled or Delayed [CNET News]CNET News
- Alaska Airlines launches new service from West Coast cities to top winter destinations starting today [Yahoo! Finance]Yahoo! Finance
- Alaska Airlines launches new service from West Coast cities to top winter destinations starting todayPR Newswire
ALK
Earnings
- 10/31/24 - In-Line
ALK
Sec Filings
- 11/8/24 - Form 10-Q
- 11/7/24 - Form 4
- 11/5/24 - Form 4
- ALK's page on the SEC website