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.