8 Stocks Rising on Rich People's Spending
5. Luxottica Group
Luxottica Group is the world's biggest manufacturer of prescription eyewear and sunglasses. It has a market value of $17.04 billion. Presently, its stocks are up by 28 percent and have a three-year, average annual return of 41 percent.
According to ratings given by analysts of S&P, 1 gives it "buy" ratings, 2 give "holds" rating and 1 gives "weak hold" rating.
6. Ross Stores
Ross Stores is among the biggest off-price retailers of branded clothes and house accessories in the U.S. It has a market value of $13 billion. Presently, its stocks are up by 20 percent and have a three-year, average annual return of 52 percent.
According to ratings given by analysts of S&P, 9 give it "buy" ratings, 4 give "buy/holds" rating and 16 give "holds" rating.
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