Back-to-School Stocks
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 16 September 2023
⏱️ 19 minutes
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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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