When it comes to dining-related stocks, you need to be espec...

Stocks related to dining and entertainment, need to be especially careful!!!

The COVID-19 pandemic has changed many consumer and lifestyle habits, with many people enjoying DIY food, becoming more picky about food, and paying more attention to nutrition and health. Fast food and beverage consumption are being marginalized.

Due to the 'Israeli-Palestinian conflict' many dining establishments have been boycotted, many stores can no longer operate, experiencing a cliff-like decline in revenue, leading to widespread layoffs.

At the same time as the decline in revenue, raw material prices in the food industry have risen one after another, such as American coffee, American cocoa... prices have doubled.

To make matters worse, the Fed's rate hike cycle is long, and the rate cut shoe is yet to drop, forcing companies to face financial pressure.

Stocks that plummet off a cliff, you think it's the bottom, haha! Stay away from stocks related to dining and consumer, you won't go wrong!!!

Zhoongzi (original, please indicate the source when reprinting) 2024-05-07