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The YouTuber has invested in XLY, the consumer discretionary ETF, because it includes stocks he likes such as Amazon, Tesla, McDonald's, Starbucks, and Chipotle. He believes restaurant stocks, in particular, are growing due to changing consumer habits.
“XLY is the consumer discretionary ETF. So consumer discretionary is basically what people can control their spending on. And these are really stocks that I like a lot, including Starbucks. Great story, still growing. And China is a pretty big opportunity.” — ▶ Ver clip