Barron’s headline: These Stock Picks Will Benefit From More U.S. Jobs, Investments
By Avi Salzman
Aug. 17, 2022 1:33 pm ET
“In the years pre-COVID, the off-price sector benefited as minimum-wage increases helped lower-income consumers,” she wrote. “Given most manufacturing jobs target lower earning workers, any localization and reshoring effort creating more jobs at higher wages would disproportionately benefit off-price’s target customers.
In total, Carey Hall found 26 stocks that could benefit. Their median market cap is $12 billion, meaning several may be large enough to be considered large-caps.
Those stocks are:
$ROK Rockwell Automation
$FTV Fortive PTC (PTC),
$ANSS Ansys
$JBL Jabil
$FLEX Flex
$ON onSemi
$GFS GlobalFoundries
$NVMI Nova
$CAMT Camtek
$J Jacobs Engineering Group
$URI United Rentals
$EGP EastGroup Properties
$LXP LXP Industrial Trust
$STAG Stag Industrial
$KEY KeyCorp
$FITB Fifth Third Bancorp
$HBAN Huntington Bancshares
$SNV Synovus Financial
$CMA Comerica
$CFR Cullen/Frost Bankers
$OMI Owens & Minor
$CAH Cardinal Health
$PINC Premier
$BURL Burlington Stores
$ROST Ross Stores