What sectors or markets do you feel are the best to invest in with the current market conditions? I've invested recently in Gamestop (GME) and Coach (COH) and they both have seen excellent returns this year. So what do you feel is the best play right now? Thanks guys!
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I believe consumer spending is going to take a hit in the near future. I would not personally be investing in luxury goods such as Coach. I'm not saying you're an idiot or anything like that, just my personal belief on where things are headed.
compbaker beat me to it.
IMHO Coach is a (semi)high end fad. It will be around for a long time, but if consumer spending is falling will 18-23 year old girls still be buying $250 purses.
Plus, in a little while there will be a new, cool thing anyways.
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