E-commerce giant Amazon is another stock that has enjoyed a pre-Labor Day boost. A check of its website shows plenty of holiday deals on offer from electronics to books and even pet supplies. Since 1997, Amazon's stock has traded positive more than 70 percent of the time and returned 1.8 percent on average on the Friday before the holiday weekend.
And whether you buy your kicks online or in store, Nike has also been a reliable bet. Over the last 25 years, it has traded positive more than 75 percent of the time and returned 0.9 percent on average.
Lastly, a few retail ETFs typically outperform the broader markets ahead of Labor Day.
The Market Vectors Retail ETF and the SPDR S&P Retail ETF have both traded higher nearly 80 percent of the time on the Friday before Labor Day and their average returns in the session—both 0.4 percent—beat that of the S&P 500.
September has historically been the toughest month of the year for stocks—but a few good Labor Day trades could start your portfolio off on the right footing.
Disclosure: NBC Universal, the parent company of CNBC, is a minority investor in Kensho.