4 Discretionary Stocks to Buy as Consumer Confidence Hits 16-Month High [Yahoo! Finance]
Cinemark Holdings Inc Cinemark Holdings, Inc. (CNK)
Last cinemark holdings inc cinemark holdings, inc. earnings: 2/21 06:15 am
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Source: Yahoo! Finance
expectations surrounding lower taxes and fewer regulations continue to soar under President-elect Donald Trump's administration. This has seen consumer confidence soar to a 16-month high in November as Americans believe the economy will prosper in the near term without inflation rising further. Given the positive outlook, it would be ideal to invest in discretionary stocks such as Cinemark Holdings, Inc. CNK, The Walt Disney Company DIS, Mattel, Inc. MAT and Fox Corporation FOX. Each of these stocks has seen positive earnings estimate revision in the past 60 days and carries a Zacks Rank #1 (Strong Buy) and 2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here The Conference Board reported last week that the consumer confidence index climbed to 111.7 in November, up from a revised 109.6 in October, and surpassed the consensus estimate of a rise to 111.3. This marks the highest level since July 2023. The Expectations Index, which reflects consumers' short-
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CNK
Earnings
- 10/31/24 - Beat
CNK
Sec Filings
- 12/16/24 - Form 4
- 12/16/24 - Form 144
- 12/10/24 - Form 4
- CNK's page on the SEC website