{"id":11523,"date":"2022-08-25T16:34:51","date_gmt":"2022-08-25T13:34:51","guid":{"rendered":"https:\/\/www.robomarkets.com\/blog\/?p=11523"},"modified":"2024-02-01T15:48:42","modified_gmt":"2024-02-01T12:48:42","slug":"consumer-services-top-5-shares-of-august","status":"publish","type":"post","link":"https:\/\/www.robomarkets.com.cy\/blog\/stock-market\/top-stocks\/consumer-services-top-5-shares-of-august\/","title":{"rendered":"Consumer Services: Top 5 Stocks of August"},"content":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<html><body><p>Over the first 19 days of August, the most prominent growth in the consumer services sector was demonstrated by the <a href=\"https:\/\/www.robomarkets.com.cy\/forex-trading\/assets\/stocks\/\" data-internallinksmanager029f6b8e52c=\"22\" title=\"stocks trading\">stocks<\/a> of such representatives as Tripadvisor Inc., DraftKings Inc., AMC Entertainment Holdings Inc., Peloton Interactive Inc., and H&amp;R Block Inc.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Selection_criteria\"><\/span><a><\/a>Selection criteria<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Sector: consumer services<\/li>\n\n\n\n<li>The companies are not funds<\/li>\n\n\n\n<li>The stocks are traded on the NYSE or the NASDAQ<\/li>\n\n\n\n<li>Their share price is above $2<\/li>\n\n\n\n<li>Their market capitalisation is over $2 billion<\/li>\n\n\n\n<li>Their average <a href=\"https:\/\/www.robomarkets.com.cy\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"stock broker\">trading<\/a> statistics over the last 30 days is over 750,000 shares<\/li>\n<\/ul>\n\n\n\n<p>Growth is expressed in percentage as the difference between the closing prices on 29 July and 19 August 2022.&nbsp; The market capitalisation of each company is relevant to the time when the article was being prepared.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Tripadvisor_%E2%80%94_387\"><\/span><a><\/a>Tripadvisor &mdash; 38.7%<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div class=\"content-sidebar\"><rg-instrument theme=\"blue\" symbol=\"TRIP\"><\/rg-instrument><\/div>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/08\/TRIP-D1-1810x828.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1810\" height=\"828\" src=\"https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/08\/TRIP-D1-1810x828.png\" alt=\"Share price chart of TripAdvisor\" class=\"wp-image-11524\" srcset=\"https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/08\/TRIP-D1-1810x828.png 1810w, https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/08\/TRIP-D1-360x165.png 360w, https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/08\/TRIP-D1-768x351.png 768w, https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/08\/TRIP-D1-1536x703.png 1536w, https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/08\/TRIP-D1-150x69.png 150w, https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/08\/TRIP-D1.png 1832w\" sizes=\"(max-width: 1810px) 100vw, 1810px\" \/><\/a><figcaption class=\"wp-element-caption\">Past performance is not a reliable indicator of future results or future performance<\/figcaption><\/figure>\n\n\n\n<p><strong>Founded<\/strong> <strong>in<\/strong>: 2000<\/p>\n\n\n\n<p><strong>Registered<\/strong> <strong>in<\/strong>: US<\/p>\n\n\n\n<p><strong>Head office<\/strong>: Needham, Massachusetts<\/p>\n\n\n\n<p><strong>Platform<\/strong>: NASDAQ<\/p>\n\n\n\n<p><strong>Market capitalisation<\/strong>: $3.7 billion<\/p>\n\n\n\n<p>Tripadvisor Inc. manages a popular Internet platform for booking dwellings, transportation, and restaurants, and planning trips. The online platform with user feedback about restaurants, cafes, and entertainment works in 40 countries and in 20 languages.<\/p>\n\n\n\n<p>Since the beginning of August, the share price of TripAdvisor Inc. (NASDAQ: TRIP) has risen 38.7% from $19.01 to $26.36. The most prominent overnight growth was recorded on 5 August, the following day after a strong financial report for Q2 2022 was published. On that day, the <a href=\"https:\/\/www.robomarkets.com.cy\/beginners\/info\/charts\/stocks\/\" data-internallinksmanager029f6b8e52c=\"12\" title=\"stock quotes\">stock quotes<\/a> surged 18.94% to $23.86.<\/p>\n\n\n\n<p>As you know, earnings of TripAdvisor Inc. in April-June, compared to the statistics of the same months last year, increased 77% to $417 million; net profit rocketed 177.5% to $31 million, and EPS 172.4% to $0.21. Such results might mean that the tourism sector is recovering, and the demand for travel is high.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"DraftKings_%E2%80%94_321\"><\/span><a><\/a>DraftKings &mdash; 32.1%<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div class=\"content-sidebar\"><rg-instrument theme=\"blue\" symbol=\"DKNG\"><\/rg-instrument><\/div>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1810\" height=\"828\" src=\"https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/08\/DKNG-D1-1810x828.png\" alt=\"Share price chart of DraftKings\" class=\"wp-image-11525\" srcset=\"https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/08\/DKNG-D1-1810x828.png 1810w, https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/08\/DKNG-D1-360x165.png 360w, https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/08\/DKNG-D1-768x351.png 768w, https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/08\/DKNG-D1-1536x703.png 1536w, https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/08\/DKNG-D1-150x69.png 150w, https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/08\/DKNG-D1.png 1834w\" sizes=\"(max-width: 1810px) 100vw, 1810px\" \/><figcaption class=\"wp-element-caption\">Past performance is not a reliable indicator of future results or future performance<\/figcaption><\/figure>\n\n\n\n<p><strong>Founded<\/strong> <strong>in<\/strong>: 2011<\/p>\n\n\n\n<p><strong>Registered in<\/strong>: US<\/p>\n\n\n\n<p><strong><strong>Head office<\/strong><\/strong>: Boston, Massachusetts<\/p>\n\n\n\n<p><strong>Platform<\/strong>: NASDAQ<\/p>\n\n\n\n<p><strong>Market capitalisation<\/strong>: $8.1 billion<\/p>\n\n\n\n<p>DraftKings Inc. specialises in digital sports entertainment and games. One of its main businesses is betting services. Over the first 19 days of August, the stock of DraftKings Inc. (NASDAQ: DON'T) recorded a 32.1% growth from $13.73 to $18.14.<\/p>\n\n\n\n<p>Analysts suppose that this growth can be attributed to the good results of Q2, and an increased financial forecast for this year.<\/p>\n\n\n\n<p>In April-June, earnings of DraftKings Inc. increased 56.6% to $466.2 million, while the net loss dropped by 28.9% to $217 million, and the loss per share declined 34.2% to $0.5. DraftKings Inc. expects its annual earnings to reach $2.13 billion, which is 0.7% above the previous forecast.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"AMC_Entertainment_Holdings_%E2%80%94_238\"><\/span><a><\/a>AMC Entertainment Holdings &mdash; 23.8%<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div class=\"content-sidebar\"><rg-instrument theme=\"blue\" symbol=\"AMC\"><\/rg-instrument><\/div>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/08\/AMC-D1-1818x828.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1818\" height=\"828\" src=\"https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/08\/AMC-D1-1818x828.png\" alt=\"Share price chart of AMC Entertainment\" class=\"wp-image-11526\" srcset=\"https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/08\/AMC-D1-1818x828.png 1818w, https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/08\/AMC-D1-360x164.png 360w, https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/08\/AMC-D1-768x350.png 768w, https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/08\/AMC-D1-1536x699.png 1536w, https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/08\/AMC-D1-150x68.png 150w, https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/08\/AMC-D1.png 1838w\" sizes=\"(max-width: 1818px) 100vw, 1818px\" \/><\/a><figcaption class=\"wp-element-caption\">Past performance is not a reliable indicator of future results or future performance<\/figcaption><\/figure>\n\n\n\n<p><strong>Founded<\/strong> <strong>in<\/strong>: 1920<\/p>\n\n\n\n<p><strong>Registered<\/strong> <strong>in<\/strong>: US<\/p>\n\n\n\n<p><strong>Head office<\/strong>: Leewood, Kansas<\/p>\n\n\n\n<p><strong>Platform<\/strong>: NYSE<\/p>\n\n\n\n<p><strong>Market capitalisation<\/strong>: $9.3 billion<\/p>\n\n\n\n<p>The growth of AMC Entertainment Holdings Inc. stock (NYSE: AMC) &ndash; a company that owns one of the world's largest cinema chains &ndash; amounted to 23.8% this month, from $14.56 to $18.02.<\/p>\n\n\n\n<p>This rise can be explained by the renewed interest of individual Reddit investors from the WallStreetBets community in the stock of the company. Meme shares are growing again.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Peloton_Interactive_%E2%80%94_234\"><\/span><a><\/a>Peloton Interactive &mdash; 23.4%<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div class=\"content-sidebar\"><rg-instrument theme=\"blue\" symbol=\"PTON\"><\/rg-instrument><\/div>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/08\/PTON-D1-1811x828.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1811\" height=\"828\" src=\"https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/08\/PTON-D1-1811x828.png\" alt=\"Share price chart of Peloton Interactive\" class=\"wp-image-11527\" srcset=\"https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/08\/PTON-D1-1811x828.png 1811w, https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/08\/PTON-D1-360x165.png 360w, https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/08\/PTON-D1-768x351.png 768w, https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/08\/PTON-D1-1536x702.png 1536w, https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/08\/PTON-D1-150x69.png 150w, https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/08\/PTON-D1.png 1833w\" sizes=\"(max-width: 1811px) 100vw, 1811px\" \/><\/a><figcaption class=\"wp-element-caption\">Past performance is not a reliable indicator of future results or future performance<\/figcaption><\/figure>\n\n\n\n<p><strong>Founded in<\/strong>: 2012<\/p>\n\n\n\n<p><strong>Registered in<\/strong>: US<\/p>\n\n\n\n<p><strong>Head office<\/strong>: New York, New York<\/p>\n\n\n\n<p><strong>Platform<\/strong>: NASDAQ<\/p>\n\n\n\n<p><strong>Market capitalisation<\/strong>: $3.9 billion<\/p>\n\n\n\n<p>Peloton Interactive Inc. sells trainers and subscriptions to online home training courses. In the midst of the COVID-19 pandemic and quarantine measures, Peloton Interactive stock recorded remarkable growth, however, it is currently not going through the best times.<\/p>\n\n\n\n<p>Over the first 19 days of August, Peloton Interactive Inc. stock (NASDAQ: PTON) recorded a 23.4% growth from $9.49 to $11.71. This growth can be attributed to the recent changes in the company's operations, which were announced this month.<\/p>\n\n\n\n<p>Peloton Interactive Inc. reported a hike in the price for certain models of sports equipment for training and the layoff of 800 employees. Moreover, the company is handing over the supply of trainers and customer service to other companies.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"H_R_Block_%E2%80%94_195\"><\/span><a><\/a>H&amp;R Block &mdash; 19.5%<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div class=\"content-sidebar\"><rg-instrument theme=\"blue\" symbol=\"HRB\"><\/rg-instrument><\/div>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/08\/HRB-D1-1807x828.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1807\" height=\"828\" src=\"https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/08\/HRB-D1-1807x828.png\" alt=\"Share price chart of H&amp;R Block\" class=\"wp-image-11528\" srcset=\"https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/08\/HRB-D1-1807x828.png 1807w, https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/08\/HRB-D1-360x165.png 360w, https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/08\/HRB-D1-768x352.png 768w, https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/08\/HRB-D1-1536x704.png 1536w, https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/08\/HRB-D1-150x69.png 150w, https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2022\/08\/HRB-D1.png 1831w\" sizes=\"(max-width: 1807px) 100vw, 1807px\" \/><\/a><figcaption class=\"wp-element-caption\">Past performance is not a reliable indicator of future results or future performance<\/figcaption><\/figure>\n\n\n\n<p><strong>Founded in<\/strong>: 1955<\/p>\n\n\n\n<p><strong>Registered<\/strong> <strong>in<\/strong>: US<\/p>\n\n\n\n<p><strong>Head office<\/strong>: Kansas City, Missouri<\/p>\n\n\n\n<p><strong>Platform<\/strong>: NYSE<\/p>\n\n\n\n<p><strong>Market capitalisation<\/strong>: $7.6 billion<\/p>\n\n\n\n<p>H&amp;R Block Inc. provides a wide range of professional tax services. It operates in the US, Canada, and Australia markets. The growth of H&amp;R Block Inc. stock (NYSE: HRB) over the timeframe in question reached 19.5%, from $39.96 to $47.75.<\/p>\n\n\n\n<p>The company reported better results than had been expected in the market for Q4 2022. This might have been the reason for the growth of the stock.<\/p>\n\n\n\n<p>Earnings of H&amp;R Block Inc. in April-June increased 0.4% to $1.05 billion, which is 6.2% higher than the consensus forecast. Net profit dropped by 8.6% to $222.7 million, and EPS grew 3.8% to $1.37, exceeding the forecast by 13.5%.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_influenced_the_growth_of_stock_in_the_consumer_services_sector_in_August\"><\/span>What influenced the growth of stock in the consumer services sector in August?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Over the first three weeks of August, the most prominent growth of share prices in the consumer services sector was demonstrated by such companies as TripAdvisor Inc, DraftKings Inc., AMC Entertainment Holdings Inc., Peloton Interactive Inc., and H&amp;R Block Inc.<\/p>\n\n\n\n<p>One of the main reasons for the growth of the stocks over this timeframe must be the publication of the financial reports for the previous quarter of 2022.<\/p>\n\n\n\n<p class=\"wp-block-button aligncenter\">\n<a class=\"button button-green js-risk-warning\" href=\"https:\/\/my.robomarkets.com\/en\/register\/\" rel=\"nofollow\">Open Trading Account<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\">\n\n\n\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<p><em>* &ndash; Past performance is not a reliable indicator of future results or future performance.<\/em><\/p>\n\n\n\n<p><em>The material presented and the information contained herein is for information purposes only and in no way should be considered as the provision of investment advice for the purposes of Investment Firms Law 87(I)\/2017 of the Republic of Cyprus or any other form of personal advice or recommendation, which relates to certain types of transactions with certain types of financial instruments.<\/em><\/p>\n<\/div><\/div>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"<p>The top 5 representatives of the consumer services sector with the most prominent stock growth over the first 19 days of August are: TripAdvisor Inc., DraftKings Inc., AMC Entertainment Holdings Inc., Peloton Interactive Inc., and H&amp;R Block Inc. See how much the stocks grew and why.<\/p>\n","protected":false},"author":58,"featured_media":11529,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1986,1989],"tags":[2118,2526,2527,2197,2525],"class_list":["post-11523","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock-market","category-top-stocks","tag-amc-entertainment-holdings-inc","tag-draftkings-inc","tag-hr-block-inc","tag-peloton-interactive-inc","tag-tripadvisor-inc"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Consumer Services: Top 5 Stocks of August | RoboMarkets Blog<\/title>\n<meta name=\"description\" content=\"The top 5 representatives of the consumer services sector with the most prominent stock growth over the first 19 days of August are: TripAdvisor Inc., DraftKings Inc., AMC Entertainment Holdings Inc., Peloton Interactive Inc., and H&amp;R Block Inc. 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