Top 5 Consumer Discretionary Stocks to Buy in 2021

4. 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS)

Intrinsic Edge also made a big addition to its 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) position during Q3, buying 468,316 shares to raise the size of its holding by 354%. There was a greater than 50% surge in hedge fund ownership of FLWS during the first half of 2020.

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) has impressive fiscal Q2 results, growing its revenue by 45% year-over-year thanks to a 60% surge in online sales, while its $1.71 in earnings crushed estimates and were up by more than 50% year-over-year. The company’s operations are highly seasonal however, which partly explains why earnings are expected to slide to a loss during fiscal Q3.