What industry has been most dependable in the stock market?

August 22nd, 2008 | by Michael |
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?

DARIN

  1. 8 Responses to “What industry has been most dependable in the stock market?”

  2. By good driver on Aug 24, 2008 | Reply

    oil, energy stocks

  3. By fivehundredmonkeys on Aug 27, 2008 | Reply

    gold.

    it rarely fluctuates wildly but appreciates reasonably over time.

  4. By ryan g on Aug 28, 2008 | Reply

    life plans!!!!

  5. By S T of India on Aug 30, 2008 | Reply

    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.

  6. By Taranto on Aug 31, 2008 | Reply

    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.

  7. By vegas_iwish on Aug 31, 2008 | Reply

    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.

  8. By floozy_niki on Sep 2, 2008 | Reply

    I agree with gold. Go gold!

  9. By mrstockbond on Sep 5, 2008 | Reply

    Diversify, gold stock, oil/energy stock, technology stock and financial stock.

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