What industries (if any) have benefited from this recession?
Answers
4085 points
EthanR answered one year ago …
I like the discount retailers in this environment, especially Dollar Tree. Disclosure- I do not own it. However, I tried to buy it this morning, but my limit order did not fill. The stock was up today on above average volume. I think it will continue to do well as people need to stretch their dollars more. I also noticed that Wal Mart was up 9% today. See if you get a pull back, and don't chase it, but I like that one as well.
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2082 points
alanj answered one year ago …
Some other names I've heard is Big Lots and Ebay. In the food industry I've heard names such as Campbell's Soup and Kraft. You save two ways by eating at home. One is, you don't have to pay someone to cook your meals for you, the other is fuel cost. When gas was over $4 a gallon people cut back on their driving, and one way was to eat at home. The two companies I mentioned have pre-prepared foods. You warm it up and it's done. And in this economy it's all about cutting living expenses. So, any company that will help you cut your living expenses should do well.
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3963 points
MNSL answered one year ago …
I think if you do some research you can identify sectors that going to outperform the market in the next 12 months and next decade.
These sectors will differ from country to country. In some countries there are good demands for certain products irrespective of up and down in the economy.
Look for cash cows, companies with positive cash flow, companies that going to benefit from current t mess There will be some turnaround companies as well.
Kraft is a good company.
379 points
dustbusterz answered one year ago …
look to places like trash collection. no matter what the economy is doing, everyone still creates and needs someone to collect that trash.
I might also try looking to Auto Parts Stores, cause with fewer New Cars being sold, it means people will be spending more on their older cars to keep them longer.Kroger (food stores) is down recently due the big drop in the markets, but until very recently, they were doing quite well. People still need to eat so you want to check out food store stocks.
Its all a matter of looking at what do we need to survive, the companies that can supply these things and do it cheaply and still offer quality will be the ones that will prosper. People still drink so you could check out liqueur stocks also cigarettes, people won't give up smoking unless it means giving up eating or a roof over their heads.so if you don't mind investing in a few sin stocks ,it would be another place to look for solid stocks.
