The consumer durables stocks represent shares of companies that produce goods meant to last for a long time like home appliances, electronics and furniture. These products include items such as refrigerators, washing machines, TV and air conditioners, which are used by people daily.
Investing in these stocks can be attractive as demand for durable goods often rises during periods of economic growth or increased consumer spending.
However, consumer durables stocks can be influenced by factors like changes in consumer preferences, upgradation of technology and raw material costs.