GBUY Could Be Good Buy as E-Commerce Steadies
June 03, 2022 at 09:46 AM EDT
Confirming that rising interest rates and high inflation are a toxic brew for consumers, the consumer discretionary sector is one of the worst-performing groups in the S&P 500 this year. Down almost 25% year-to-date, Amazon (NASDAQ:AMZN) — the largest consumer cyclical stock — is a...