Filling The Fridge Trade
High gas prices may be hurting the consumer, but he's not ready to roll over and die yet. How should you play?
I like the big box stores, says Jon Najarian on CNBC’s “Closing Bell.” Consumers are attracted to these kinds of stores because they can buy large quantities in fewer trips. Keep an eye on Big Lots, Costcoand BJ’s Wholesale Club.
However, the overall winner in the space I think is Whirlpool . Not only are people buying freezers so they can fill the fridge but the new appliances are energy efficient and that results in savings. This is a stock that I absolutely love.
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