Super Stocks R Not Us
February 23rd, 2006 by jhampton
When investing you want to be sure you are purchasing stocks that you won’t regret in the long or short-run. Of course, no one can truly tell what a stock is going to do, but there are some industries that have tanked over the past few weeks.
MSN’s Money does a daily report on those stinky stocks and reported as follows:
10 Worst Performing Industries
- Internet Information Providers
- General Contractors
- Recreation Goods
- Oil & Gas Equipment
- Medical Practitioners
- Music & Video Stores
- Toy and Hobby Stores
- Copper
- Broadcasting Radio
- Independent Oil & Gas
These industries are currently losing 7 to 12% per day in their value. This doesn’t mean that things can’t turn around for them, but as it stands today, stay away from buying their stock.
Relevant Tags: investment strategy, market performance, stock investing, stock market, wealth coachingPosted on Thursday, February 23rd, 2006 at 7:56 pm In Stock Market Investing