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Friday
Jun262009

Wedding Stocks

Our Editor-in-Chief, David Neubert, will soon be getting married. That got us thinking: how can you expose your portfolio to this growing industry?

If you're thinking of getting married, get ready to cough up some serious dough. The average cost of a wedding can exceed $30K, according to the American Weddings study conducted by The Fairchild Bridal Group. They estimate that U.S. couples spent $125B on weddings during 2005 - about the size of Ireland's GDP.

"The bridal industry is now a life stage that encompasses fashion, travel, home furnishings and more," says Daniel Lagani, vice president and publisher of the Fairchild Bridal Group. If you believe that the wedding industry will continue to grow, have a look at the following companies.

The Knot (KNOT - $7.95) is one of the most direct ways to gain exposure to this trend. It is a lifestage media company targeting couples planning their weddings and future lives together. Its primary brands include TheKnot.com, WeddingChannel.com, TheNest.com and WeddingTracker.com.

And it comes as no surprise that jewelers also profit from a growing wedding industry. Have a look at Blue Nile (NILE - $42.93), the largest online retailer of certified diamonds, engagement rings and fine jewelry, and Zale Corporation (ZLC - $3.57), a specialty retailer of fine jewelry. Another jeweler to consider is Tiffany & Co. (TIF - $25.66), a company that has been around since 1837.

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Reader Comments (5)

This is a great start, but I'd like to find more wedding-related companies. What about stores that are popular registry choices (Target)? Even better, publicly-owned florists and catering companies? I'm having a hard time coming up with any myself. As a current wedding-planning bride, I'm well aware that (a) this is a huge industry full of huge expenses and (b) every engaged couple these days is budgeting, but it won't be long before wedding prices again spiral out of control. I'd love to be able to ride that wave on a gain instead of a loss.

October 31, 2009 | Unregistered CommenterDeirdre

Masz juz scenario na wakacje? Jesli nie to polecam wakacje w mielno

April 7, 2010 | Unregistered Commenterelolequat

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