Thanksgiving Day coincides with Black Friday: Will these Stocks Soar?

Currently, the market is already in the rhythm of welcoming the Thanksgiving holiday! On Thursday, November 28, 2024, the US stock market will be closed for one day due to Thanksgiving Day. And on Friday, it will only open for half a day. The New York Stock Exchange will close at 1 p.m. Eastern Time on Friday.

 

Meanwhile, it's worth paying special attention to "Black Friday" - the annual and bustling shopping carnival in the United States, which is approaching us with lively steps.

 

So, in the face of this special situation where the holiday and the shopping festival overlap, what strategies should we, as investors, adopt?

Looking at the past market data, ETF - SPDR has recently hit a new high in the past three years. Relevant data clearly shows that in the past decade, the performance of the retail industry during "Black Friday" has often been better than that of the S&P 500 Index. Based on this situation, here are five stocks that are highly likely to benefit from "Black Friday".

Amazon is the world's leading e-commerce platform. During Black Friday, the shopping carnival, it is the top choice for numerous consumers for online shopping. With the increasing popularity of online shopping nowadays, Amazon usually can achieve quite remarkable sales performance during this period, demonstrating its significant influence in the market.

Walmart is one of the largest retailers in the United States. For it, both the operation of its physical stores and its online sales business are of crucial importance during Thanksgiving Day and Black Friday. Every year during this time, Walmart will carefully plan and launch a series of highly attractive promotional activities, attracting a large number of customers flocking in, and its sales volume often increases substantially.

Target is a well-known retail chain store. During important festivals like Thanksgiving Day and Black Friday, it certainly won't miss this great opportunity and will roll out various eye-catching promotional activities one after another. And consumers are usually keen on looking for discounted goods during this period. So Target will undoubtedly benefit a lot from this shopping boom.

Costco always attracts a large number of members to shop during holidays, especially during Thanksgiving Day and Black Friday, when its popularity is even higher. The bulk commodities it offers and the attractive discounted prices make it a popular choice among consumers, and its sales volume is naturally quite considerable.

Shopify is an excellent platform that helps merchants build online stores. During shopping festivals like Black Friday and Cyber Monday, many small businesses will use this platform to boost their sales performance. As more and more merchants choose to conduct sales business on Shopify, this company will undoubtedly reap numerous benefits during this period, and its development prospects are quite promising.

 

However, quite a number of investors may not be particularly interested in consumer stocks. Does that mean they can't participate in this Thanksgiving boom? Of course not! We can definitely broaden our thinking and make arrangements in advance.

 

In fact, there are also some pretty good stocks that deserve everyone's attention. For instance, we can consider investing in some payment and credit service stocks,  such as Visa and Mastercard (MA.US).

 

Besides, there are also some high-quality logistics stocks, like United Parcel Service (UPS.US) and FedEx (FDX.US), etc. 

 

During such shopping peak seasons, their business volumes usually increase significantly, and they also possess considerable investment value.

 

Of course, we can also choose to buy some related ETF products.