BROS - The S&P 500 Just Had Its Best Week of 2023. These 2 Stocks Should Keep Moving Higher.
2023-11-11 08:51:00 ET
The economy is giving off mixed signals. Earlier this month, the CEO of Target said consumers were "buying less stuff," but despite that sentiment, the Bureau of Economic Analysis said consumer spending rose 0.3% in September.
Meanwhile, the S&P 500 experienced its biggest week of the year at the start of November with a 5.9% gain. But even in a sluggish economy, the strongest companies are still able to connect with their customers, especially those seeking life's little luxuries.
That's why Chipotle Mexican Grill (NYSE: CMG) and Dutch Bros (NYSE: BROS) stand out from the recent rally.
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The S&P 500 Just Had Its Best Week of 2023. These 2 Stocks Should Keep Moving Higher.