One Sector for Bulls to Trade During the Holiday Season

The data also suggests Disney stock could stay hot

by Josh Selway

Published on Nov 27, 2019 at 11:04 AM
Updated on Nov 27, 2019 at 12:53 PM

Retail has been the main focus of Wall Street ahead of the holiday season, but it turns out the retail sector has not been a top performer in December during the past 10 years. Instead, the media sector, represented by the PowerShares Dynamic Media Portfolio ETF (PBS) has done well in the month, according to data from Schaeffer's Senior Quantitative Analyst Rocky White.

PBS has closed the month in positive territory 70% of the time in the past 10 years, with an average return of 1.6%. The exchange-traded fund (ETF) is trading at $33.31 today, pacing for its highest close since early August.

best sectors december 2019

 

Among individual stocks, CBS Corporation (NYSE:CBS) has typically been strong in December, adding 2.7% on average during the past 10 years. It's also been higher 80% of the time. CBS shares were last seen at $40.39, maintaining the uptrend that's been in place since the Oct. 31 seven-year low of $35.02. Also notice that Walt Disney Co (NYSE:DIS) falls on this list of outperformers. The stock just hit a new high yesterday, and is on pace to close November with a 16.7% gain.

best december stocks 2019


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