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Four fun stocks to get serious about

Key points

  • Leisure-related companies are a good way to invest in improving consumer sentiment.
  • Two cinema operators, Village Roadshow and Amalgamated Holdings, which also have tourism businesses, are worth watching.
  • Ardent Leisure and Super Retail Group also offer exposure to the leisure spend.

Investors looking to tap into the recovery in consumer spending – retail trade figures have moved to a 12-year high – usually look first to the retail stocks. But that’s not the only way to pick up on a more positive outlook from Australian households.

One of the categories leading the charge in consumer spending is leisure spending. According to Commonwealth Bank Research, its Business Sales Indicator (BSI), a measure of economy-wide spending, grew for the 38th straight month in September. But the sector with the strongest annual growth in September was amusement and entertainment.

A small group of stocks in Australia pick up on leisure spending. Here we talk about four of them.