Three PowerTrends for the Back Half of 2014
We are barreling toward the end of the June quarter, and that means we are nearing the halfway point for the calendar year. I know it’s hard to believe — after all, it feels like we have only recently thawed out from the winter weather and started to see signs that suggest a pick-up in the U.S. economy. Those signs include better manufacturing data, favorable housing data and, of course, a slew of new products, particularly coming out of the technology sector.
Most of those new tech gadgets — tablets, smartphones, gaming consoles and so on — tend to be announced in the first half of the year, but ship for the second half. That means the companies that supply them tend to see a seasonally stronger second half to their business compared to the first half of the year. I touched on this situation last week, but this week I want to share the PowerTrends that I think are best positioned to outperform in the back half of the year.
- The Cash Strapped Consumer
- Always On, Always Connected
- Safety & Security
Read more about the three best PowerTrends for the next half of this year at Eagle Daily Investor.