“3 Stocks to Keep an Eye On as Consumer Spending Ramps Up

According to recent reports, the U.S. economy appears to be on an upward trajectory as consumer spending remains strong. This could bode well for several sectors of the stock market, and investors should be on the lookout for companies that are expected to benefit from this trend. To that end, here are three companies that should be on your watch list if you’re looking to invest in stocks that stand to benefit from increased consumer spending. All three stocks have recorded positive gains in the past year and have the potential to further develop in the future. First up is Amazon.com Inc. (NASDAQ: AMZN). Amazon is a leader in the e-commerce industry and has been growing rapidly over the past year. With its large selection of products and services, the company is well positioned to take advantage of an increase in consumer spending. As such, Amazon’s stock price has seen an impressive rise of 66% in the past 12 months. The second company to consider is Apple Inc. (NASDAQ: AAPL). Apple is well known for its range of consumer electronics, including the iconic iPhone. With the increasing demand for mobile devices and the expanding popularity of the company’s other products, Apple’s stock has had an impressive run up of about 50% in the past year. Finally, we have Visa Inc. (NYSE: V). Visa facilitates digital payments and has been gaining considerable traction due to the increasing demand for online purchases. As consumers become more comfortable with digital payments, Visa stands to benefit significantly. This translates into a strong stock performance for Visa as its share price has risen by 23% in the last 12 months. Ultimately, the companies listed here are all well positioned to benefit from increased consumer spending, making them good choices for investors seeking exposure to the sector. As such, they should be placed on any investor’s watch list and monitored closely. According to recent reports, the U.S. economy appears to be on an upward trajectory as consumer spending remains strong. This could bode well for several sectors of the stock market, and investors should be on the lookout for companies that are expected to benefit from this trend. To that end, here are three companies that should be on your watch list if you’re looking to invest in stocks that stand to benefit from increased consumer spending. All three stocks have recorded positive gains in the past year and have the potential to further develop in the future. First up is Amazon.com Inc. (NASDAQ: AMZN). Amazon is a leader in the e-commerce industry and has been growing rapidly over the past year. With its large selection of products and services, the company is well positioned to take advantage of an increase in consumer spending. As such, Amazon’s stock price has seen an impressive rise of 66% in the past 12 months. The second company to consider is Apple Inc. (NASDAQ: AAPL). Apple is well known for its range of consumer electronics, including the iconic iPhone. With the increasing demand for mobile devices and the expanding popularity of the company’s other products, Apple’s stock has had an impressive run up of about 50% in the past year. Finally, we have Visa Inc. (NYSE: V). Visa facilitates digital payments and has been gaining considerable traction due to the increasing demand for online purchases. As consumers become more comfortable with digital payments, Visa stands to benefit significantly. This translates into a strong stock performance for Visa as its share price has risen by 23% in the last 12 months. Ultimately, the companies listed here are all well positioned to benefit from increased consumer spending, making them good choices for investors seeking exposure to the sector. As such, they should be placed on any investor’s watch list and monitored closely.