The Consumer Discretionary sector has been one of the market’s brightest sectors in 2015, and the Consumer Discretionary Select Sector SPDR ETF XLY 0.12% has gained 5.7 percent versus the S&P 500’s 3.8 percent decline year-to-date. For the first time in two months, Credit Suisse analysts have updated their top Consumer Discretionary stock picks in 10 different subsectors.
Here’s a full list of the names they chose.
1. Apparel & Footwear: Hanesbrands Inc. HBI
Analyst Christian Buss sees the company as a “strong and steady cash flow generator” with the opportunity to grow earnings via acquisitions and a mix shift toward premium products.
2. Autos & Auto Parts: Magna International Inc MGA 2.66%
Analyst Dan Galves believes the company will be “a key beneficiary of increasing vehicle globalization” and is confident that it can meet its 2017 revenue and margin targets.
3. Gaming & Lodging: Six Flags Entertainment Corp SIX 0.66%
Analyst Joel Simkins predicts that the company will be able to capitalize on its pricing power in coming years, and he also likes the robust 4.5 percent dividend.
4. Homebuilding & Building Products: Mohawk Industries MHK 0.61%
Analyst Mike Dahl sees…
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