Paul Mampilly believes estimates for the holiday shopping season will appear soon since the fourth quarter is here. The most popular stores and the state of the economy are revealed through holiday shoppers.
Mampilly Offers Regular Advice
A number of news services have asked for Paul Mampilly’s stock advice which he has been giving for a number of years. Profits Unlimited, the newsletter Mampilly edits, is where he gives stock recommendations. In 1996, Mampilly obtained an MBA from Fordham University. In 2009, he came in first place in the Templeton Foundation Investment Competition with a $50 million portfolio.
Signs of a Good Economy
Increased spending is a sign that there is financial stability. Consumer spending makes up two-thirds of the gross domestic product. Online shopping is the main focus. Retail stock trends over the last few years have shown that people prefer stores with an online presence. Shopping online is the fastest growing type in America. There is expected to be more than an 16 percent increase in online sales.
The average growth rate for the S&P 500 was 2.42 percent during the first part of 2013. Experts expect to increase by 6 percent during the fourth quarter because of holiday sales. This is higher than it has ever been. This will be a 76 percent growth since 2014. Because of this, S&P 500 companies are somewhere you should consider investing during the holidays. Online retailers have been introduced to the ability to invest in 22 companies at once using the ETF or exchange traded fund.
Based on the current market and other’s predictions, Paul Mampilly is recommending a half dozen companies to invest in during the holidays. The unemployment rate is down, giving confidence that the growth will continue. Online sales are a big part of why sales for both distributors and retailers are increasing.
Paul Mampilly is a financial expert who shares his experience with readers through newsletters from Banyan Hill Publishing.
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