Consumer spending is in the dumps — up a measly +1.4% through the first eight months of 2010. But Americans always find a few bucks for Christmas presents. Nine out of the 10 most-wanted gifts are electronic gadgets such as iPhones and video games, according to the 2010 Duracell Holiday Wish List.
The Consumer Electronic Association expects spending on electronic doodads to jump by 5% this year to an average of $232 a person, but the CEA says that laptops and notebook computers are the No. 1 most-wanted gift this year. I agree.
Watch my video to learn the name of the Asian computer giant that just whizzed past Dell and is my No. 1 pick to profit from this year’s holiday shopping season.