What industry has been most dependable in the stock market?
27
Apr
Posted by: admin in: Investing
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?
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8 Responses
good driver
01|May|2009 1game system reviews
oil, energy stocks
fivehundredmonkeys
02|May|2009 2trade silver
gold.
it rarely fluctuates wildly but appreciates reasonably over time.
ryan g
03|May|2009 3trade show items
life plans!!!!
S T of India
06|May|2009 4start an online business
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.
Taranto
08|May|2009 5collectible webkinz
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.
vegas_iwish
08|May|2009 6custom imprinted pens
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.
floozy_niki
10|May|2009 7comic book buyers
I agree with gold. Go gold!
mrstockbond
11|May|2009 8start an online business
Diversify, gold stock, oil/energy stock, technology stock and financial stock.
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