This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

The Five Best Gift Cards

BOSTON ( TheStreet) -- Gift cards should be judged by how quickly they clear out your shopping list.

In a National Retail Federation survey this year, 22% of people who said they would abstain from buying gift cards said they would do so because the considered cards "impersonal." Sadly, that's kind of the point. The 77% of people surveyed who will purchase a gift card for someone else this year are looking for something practical, not personal, to give in a sluggish economy.

Gift cards will be the most-popular choice among holiday consumers this year, according to American Express' (AXP - Get Report) Spending and Saving Tracker. Fifty-eight percent of people surveyed by American Express said they planned to buy them this year. Overall, 19% of consumers will devote most of their holiday budget to gift cards this season.

Not just any card will do. Sanj Raj, chief executive officer of the gift card auction site DFWbid.com, says his site has lost money on gift cards for Nintendo Wiis and Apple (AAPL) iPods. Consumers are sticking to pragmatic offerings from Wal-Mart (WMT) and Target (TGT), among others.

"We have moms, dads, grandparents and college kids using our site," Raj says. "The economy during the last couple of years has pushed these people to be more financially wary of what they buy."
1 of 7

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
AMZN $435.93 -0.41%
AXP $77.60 -0.78%
BBY $33.33 -0.51%
COST $135.86 -0.39%
DRI $70.67 0.51%

Markets

DOW 17,683.58 -46.53 -0.26%
S&P 500 2,068.36 -8.42 -0.41%
NASDAQ 4,991.2430 -17.9710 -0.36%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs