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Motley Fool Hidden Gems Investing

Back-to-School Stocks

Motley Fool Hidden Gems Investing

The Motley Fool

Business, Investing

4.33.1K Ratings

🗓️ 16 September 2023

⏱️ 19 minutes

🧾️ Download transcript

Summary

Kids are expensive. Consumers are estimated to spend more than $100 billion on back-to-school shopping this year, according to the National Retail Federation. Deidre Woollard, Mary Long, and Ricky Mulvey got together to talk about companies that could ride the tailwinds of back-to-school season. They discuss:  Surprises from a survey revealing the brand preferences of college interns Why “experiential” spending could be the future, or failure, of one big-box sports retailer If chatbots killed the homework help business And six stocks that play to back-to-school trends Tickers discussed: MBG.DE, TSLA, META, GOOGL, UBER, LYFT, SPOT, AAPL, PYPL, DKS, TGT, SNAP, ELF, CMG, CHGG Host: Mary Long Guest: Deidre Woollard, Ricky Mulvey Engineers: Tim Sparks, Rick Engdahl Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Call me a pessimist, but I still think students are going to use their

0:04.1

parents money to pay for homework help. Sometimes you might want a human to

0:07.6

help you prepare for a test or when you have like a complex image-based problem

0:12.2

that comes from a textbook. We'll see what happens. It's on my watch list. I

0:16.0

currently don't own the stock, but I think it's one of the most interesting sort

0:19.4

of canaries in the coal mine companies with regard to the generative AI

0:23.6

story. I'm Mary Long and that's Ricky Mulvey. I got together with Ricky and

0:31.4

our fellow Motley Fulmoney co-host, Dieter Willard, to talk back to school

0:34.6

season and which companies could see a boost as students return to the

0:38.0

classroom this fall. We discuss big-name brands that have won over the hearts of

0:42.1

college interns, six stocks that cater to back-to-school trends, and some

0:46.3

foolish wisdom for the students in your life.

0:49.8

Somehow it is September and while many stores might like you to think that

0:56.2

it's already Halloween and that the winter holidays are just around the

0:59.3

corner, here at the fool we like to live in the moment and the moment is still

1:04.2

back-to-school season. So I'm here with Ricky Mulvey and Dieter Willard and

1:08.1

today we're covering some companies that could ride the tailwinds of back-to-school

1:12.0

trends. Those tailwinds also are pretty substantial. Dieter, you dug into

1:16.6

some of the numbers from the National Retail Foundation. Just how big is the

1:20.3

back-to-school market? Yeah, it's pretty big. Back-to-school spending

1:25.0

expected to reach a $41.5 billion. People are expected to spend an estimated

1:30.7

$900 each and electronics is huge. 69% are expected to buy electronics.

...

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