Yahoo Finance Live breaks down the news surrounding several trending stocks, including Keurig Dr. Pepper's addition to the S&P 500, replacing Under Armour in the index.
Before simply plowing into even the best of these beaten-down names from the S&P 500 index just because they're beaten down, take a moment, take a step back, and take a breath. The S&P 500 essentially ended May where it started it, finally stopping -- at least for the time being -- what's turned into a sizable sell-off for the year. Under Armour (NYSE: UAA) (NYSE: UA), Target (NYSE: TGT), and DexCom (NASDAQ: DXCM), which fell nearly 32%, 29%, and 27% (respectively) in May.
Stifel Sports and Lifestyle Brands Analyst Jim Duffy sits down with Yahoo Finance to talk about how invested American consumers are in sustainable brands, changes to spending behavior amid inflation, and retailer inventories.