The main purpose of grouping industrial/company sectors is to make it easier for investors to identify the performance of companies/issuers according to their type of business group. Investors will also find it easier to compare the performance of issuers with other working groups, and also make analysis.In general, stock exchanges have grouped stock sectors such as: Agriculture, Mining, Basic & Chemical Industry, Machinery Industry, Consumer Goods, Property & Real Estate, Building Construction, Transportation, Finance, Trade and Investment. Personally, I prefer shares from companies that produce consumer goods, how about you?
Which Stock Sector do you prefer?
- Thread starter Suba
- Start date
I am more interested in picking stocks in the pharmaceutical, utilities, technology and banking sectors. Other than these sectors, I am now looking into companies engaging in environmental related activities.
In my country, the surest stock sector to invest in is telecommunications and financial institutions. These sectors are highly regulated and have demonstrated good signs of stability for someone to invest in.
I think this is all dependent on the situation and happenings in a particular market or country. If the market is dominated by investments in real estate that are vibrant, I would prefer to buy stocks of real estate companies.
This however still requires a person to carry out the required due diligence before making such investment.
This however still requires a person to carry out the required due diligence before making such investment.
Well it is never too late to start and learn, you can always inform yourself well and study the markets in depth and when you feel ready to enter the stock market to invest.
I am not a really huge fan of investing money in the stock market because such kind of markets are quite volatile and much riskier due to the fact that these markets depend on the economies of many countries a lot.
That is why it is always advisable to only invest what you can really lose, it is best to first have a stable income, from the income save a part until you have a decent capital and after that capital manage it and diversify it into different investments with different risk and try to capitalize while your income continues to arrive and you continue saving too.
Most of the shares I have bought are of chemical manufacturing companies. I bought them because I know once there is boom of EV the demand of the things used in EV will increase and these companies make chemicals for batteries.
Among the choices you have highlighted, I would choose to make investments in stocks within the telecommunications sector. The prevailing progress in digital technologies imply that telecommunications firms will continue to be vibrant into the future.
I have bought stocks in a bank. I feel very secure with it because the bank has survived over a century in my country. I feel the financial sector in my country is vibrant enough to have secure investment.
I also have stocks in one of the most commercially viable banks in Nigeria. But for telecommunications, I am still thinking which one of the major operators I should buy stock with. Since most are foreign, my mind is pushing me towards the indigenous telco.
I generally do not prefer the stock market. However, I know that it could be profitable. I may not invest in IPOs rather I would consider the real demand of a commodity and then invest in that commodity.
