Hey everybody,
Just wanted to give you an update. I've been using the lists for stocks that might be candidates, and haven't seen anything recently.
Ed mentioned Bear rumblings 2016 to me as he wrote it. I haven't seen a good investment for months. They all look too short term - no strength.
I can't think of a "popular and rising" stock right now. If the stock market goes down, the companies that will do the best would be do-it-yourself and dollar-stores and similar companies that do well during a fall in the economy.
I've used the Sector list in Wall Street Genius and have seen a few sectors that have risen over the last year. Which means there might something worthwhile in there for 2016.
Catalog and Mail Order Houses
Accident and Health Insurance
Home Health Care
Gaming Activities
Internet Software and Services
Internet Information Providers
Cable TV Systems
Sporting Goods
Residential Construction
There's a couple of common themes here. And these are sectors (industries) that have done well over the last year. There's no guess work. I'll take 30 minutes today and look through the companies in these sectors and see if something jumps out.
After the stock market recovers (probably at least 2 months from now), there might be other good stocks to buy. Right now, the choices are thin. Safer to be mostly in cash than a falling elevator.
