Michael J Porro & Company

Financial Advisors, LLC

180 Old Tappan Road, Old Tappan, NJ 07675-7052

Phone: 201-768-0218

Fax: 201-768-6487

Website: porrofinancialadvisors.com

July/August 2018

Market Sectors

Among the stock market sectors that comprise industries are two that are specific to you: consumer discretionary
and consumer staples. Both are a catch-all for a variety of consumer products and services.

Consumer Discretionary
Also known as consumer cyclicals and consumer durables, consumer discretionary stocks typically include products we buy with discretionary income – often during good economic times. Products in this sector include everything from refrigerators and washing machines to high-end televisions and new vehicles. Sales of these items usually spike during good economic times, when consumers have more money to spend and feel good about the economy.

Consumer Staples
We generally buy products in the consumer staples sector without regard to the economy’s strength. Staples might include food, heat and electricity, and healthcare – things we need more frequently than consumer durables. Because they make or sell products of necessity, companies in this sector may see their stocks perform better than consumer discretionary stocks during down economic times.


Enter your Name and Email address to get
the newsletter delivered to your inbox every month.


Enter your Name, Email Address and a short message. We'll respond to you as soon as possible.

Michael J Porro & Company and LTM Client Marketing, Inc. are unrelated companies. This publication was prepared for the publication’s provider by LTM Client Marketing, an unrelated third party. Articles are not written or produced by the named representative.

The information and opinions contained in this web site are obtained from sources believed to be reliable, but their accuracy cannot be guaranteed. The publishers assume no responsibility for errors and omissions or for any damages resulting from the use of the published information. This web site is published with the understanding that it does not render legal, accounting, financial, or other professional advice. Whole or partial reproduction of this web site is forbidden without the written permission of the publisher.