Professional Advice For The Risk-Takers Cautious Investors As They Brace For More Turmoil
With the aim of starting the year on a high note, we recently requested Three Wise Men of the stock market to share information on how they plan to invest in 2019. They revealed a few tips that would suit the two types of investors: the cautious and the brave. One set of suggestion focuses on enriching the brave investors who risk with everything they have. The other tips are for the more vigilant investors who choose to approach the market selectively.
Tips For The Risk Takers
Tobacco stocks faced a plunge when news broke out in the United States that there was a proposed plan to phase out menthol cigarettes and constrained sales of flavored cigarettes. The response to these regulations would, however, take time before complete implementation of the policy. Moreover, customers are likely to switch to a related product even after its ban. Andy Bell considers the tobacco industry a friendly bet that is going against the storm.
Online Fashion Retailers
According to Richard Stone, the online fashion industry has gained popularity over the recent years, with most of its clients being youth. The leading online fashion retailers have had positive growth in share value and are likely to sustain the growth. Richard Stone forecasts that this industry will be the next big thing even though it might face some taxation barriers.
Advertising And Media Firms
Justin Stewart believes that the leading advertising and media firms have great potential in the modern world. Although some of the reputable companies were founded more than three decades ago, the world is slowly catching up with their products in advertisement and global media. The share value of the companies in this industry proves that they have so much potential from within.
Tips For The Vigilant
Electricity and Gas Industry
Andy Bells argues that the leading electricity and gas companies’ shares offer a suitable investment option. They seem to present the best bet because the income is protected from inflation tides. Electricity and gas firms are protected through tariff price caps and may be better than other utility stocks. This option, however, isn’t risk-free, as it tags along supervisory changes, strike acts, and one-off costs.
The well-recognized brands in the pharmaceutical world have great potential. It is a best to follow the companies that have recently merged with other giants and have stable leadership. You should also eye consumer health businesses that create a significant pull of interest from other business partners. Richard Stones outlines that most of the healthcare companies performed very well in 2018. Healthcare companies seem to grow tremendously due to long-term growth prospects arising from the continuous dependency on healthcare services.
You should watch stocks of the reputable companies in the banking industry this year. The best bets are the firms with a new face and high dividends payouts. Due to the nature of the banking industry, these shares are best for the long-term investment. Justin Stewart notes the share prices of some banks may be a bit shaky, but this could be a temporary sideshow.
Choosing the stocks to invest in this year doesn’t have to be a tough task. Although it is important to seek professional advice, the tips highlighted above will get you started.