Sparrow: WMT, AMZN to Gain Share in Holiday Shopping With ‘Smaller Ticket Items’
Schwab Network · Schwab Network
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Show Notes
Gerald Sparrow thinks volatility creates opportunity for purchases and sees a 1%-2% upside because of year-end funding needs for 401(k)s and other instruments. Gerald expects consumers to be spending big on Black Friday and holiday sales and is concentrating on retail and communication services. He especially highlights “smaller ticket items” that will improve retailer volume, and anticipates Walmart (WMT) and Amazon (AMZN) taking share.
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