Consumer Discretionary Stocks to Buy — Media
There are a total of 86 consumer discretionary stocks in the XLY. The three largest weightings by industry are media, specialty retail, and hotels, restaurants and leisure at 30%, 18% and 14% respectively.
In the media industry, there are several options in XLY’s top 10 holdings. Of those my favorite by a country mile would have to be Disney (DIS), whose five business segments all grew year-over-year in its first quarter.
And the future looks incredibly bright for DIS stock. In March, I suggested the company is in great shape and that long-term investors were wise to buy because there are lots of growth drivers for DIS stock at the moment. As long as its media networks continue to generate single-digit revenue and operating income growth combined with sufficient growth from its four lesser lights — Parks and Resorts, Studio Entertainment, Consumer Products, and Interactive — DIS stock should have no problem doubling over the next 3-5 years.
When it comes to consumer discretionary stocks worth owning, DIS stock is the best in media.