Interested in the trends of luxury brands? Citigroup has helpfully put together a list of luxury stocks from around the world that are expected to rise higher.
According to Business Insider's Eric Platt, "the strategy holds that luxury good and discount product companies will continue to post strong returns, while firms in the middle will face increasing pressure."
"We believe this is due to relatively lower levels of unemployment for consumers with a college degree (4% vs. total unemployment of 9.1%) and higher consumer confidence (54.2 vs. national average of 45.4)," Deborah Weinswig, the lead Citi analyst, wrote in the report.
Do you think that wisdom will reflect in the profits of luxury companies? If so, you may be interested in Citi's top luxury picks. Here are the names trading on the U.S. stock market. (Click here to access free, interactive tools to analyze these ideas.)
List compiled by Eben Esterhuizen, CFA:
3. Estee Lauder
4. Starwood Hotels & Resorts Worldwide
Interactive Chart: Press Play to compare changes in analyst ratings over the last two years for the stocks mentioned above. Analyst ratings sourced from Zacks Investment Research.
Kapitall's Eben Esterhuizen and Rebecca Lipman do not own any of the shares mentioned above.