Sunday, June 01, 2008

When hard discounters face prices spiking

You are worried? You might be with all the bad news you have to listen to, whether you are in France or in the US. Gas price spiking, healthcare system issues (in France, no cashback for eyeglasses, in the US, problem for the whole system), and food price is also at historical highs.

The fact is that most of the time, while the conjuncture is not good, it is great for hard discounters. While household budgets are struggling, families usually goes to hard discount stores, such as Wall Mart, Ross among others, in order to limit the higher cost of life. Hence, you can see with the chart below that Wall Markt stocks are doing great. Wall Mart StockSo if you are an investor, maybe you should think about it. 
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