The echo will be louder than the original baby boom, so while millennials may be struggling right now, investors should pay close attention to their spending habits.
Tesla is initiated with an 'overweight,' and Marvell is upgraded to 'positive.'
DuPont is downgraded to 'sell,' and Pacific Sunwear is upgraded to 'buy.'
Cree is downgraded to 'neutral,' and Zale is initiated with an 'overweight.'
Constellation Brands is downgraded to 'neutral,' and Verizon is upgraded to 'overweight.'
Sprint is downgraded to 'underperform,' and UPS is downgraded to 'sector perform.'
Tiffany and Blue Nile also drop as investors expect luxury retailers to sag. Meanwhile, budget sellers like Target and Wal-Mart are having a strong year.
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It will be nearly impossible for Flowers to duplicate the growth rate of a decade ago.
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
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