To quote Raymond Lo yet again,

This got me thinking about the consumer and the habits of 2023 and how they could continue or change in 2024.

With the amount of disposable income still quite high, consumers who spent the last half of 2023 in YOLO or revenge spending, go into vanity mode in 2024.

Fashion, beauty, skincare, elective surgeries, self-help, diet drugs, and maybe even dating stocks do well.

Think of it as a switch from all about my family and fun for them to all about me and feeling good about myself!

On our list of stocks to watch for skin care, beauty, and fashion:

Plus, PVH (NYSE:PVH) and Tapestry Inc (NYSE:TPR).

For cosmetic surgery we are watching

For diet drugs

Other areas to watch