What industry has been most dependable in the stock market?
thehereyes asked:
I’m going into working with the stock market… looking over stocks I have seen that banks have been most dependable with their market cap. what is your opinion? Are they a dependable stock or is there something better?
I’m going into working with the stock market… looking over stocks I have seen that banks have been most dependable with their market cap. what is your opinion? Are they a dependable stock or is there something better?
April 1st, 2009 at 8:33 pm
oil, energy stocks
April 2nd, 2009 at 3:01 am
gold.
it rarely fluctuates wildly but appreciates reasonably over time.
April 4th, 2009 at 3:57 pm
life plans!!!!
April 7th, 2009 at 8:35 pm
Which Stock Market? That’s the most important factor. Bankers are not reliable because they are opting for mutual funds whichever is profitable as they assure a fixed and high interest rates to the holders.
Petroleum and Steel are the good one at present.
April 8th, 2009 at 10:00 am
Unfortunately, the answer is probably Tobacco .
US Tobacco was the most profitable public company of the 20th century. It had a near monopoly on smokeless tobacco. With inelastic demand, monopoly pricing, extremely low costs and an addicted customer base, they made enormous amounts of money. They were not as exposed to anti-tobacco litigation, though have recently had some anti-trust problems.
This company is what the cocaine cartels would look like if we could see their books.
April 9th, 2009 at 7:41 pm
Dependable a bad word as does not fit the subject. Banks strongly influenced by inflation/interest rates. If either high banks suffer. They are not good total return stocks. Diversify - that is something you can depend on. ADX, PEO, EWA, IAU(not too much gold), EAF a solid start.
April 10th, 2009 at 11:55 am
I agree with gold. Go gold!
April 10th, 2009 at 7:14 pm
Diversify, gold stock, oil/energy stock, technology stock and financial stock.