5 Stocks For Jobless Claims (TGT, WMT, MO, DEO, BUD)

Jobless claims for the week ending December 18 were just released and the numbers were a little bit better than expected, with initial claims coming in at 420,000 down 3,000 from last week. Continuing claims fell to 4.064 million from 4.075 million. As less people are out of work and spending their incomes, companies like Target TGT and Wal-Mart WMT should see a little boost to revenues, as consumers are able to purchase more than what they need. The other side of the trade is that these numbers are dropping because people are just giving up finding work, and that leads to depression, drinking and other bad habits. Companies like Altria MO, Diageo DEO and Anheuser Busch Imbev BUD will benefit if these people go into a downward spiral, as they look to ease the pain from being out of work and feeling worthless. Disclosure: long MO, TGT
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