Companies that produce and sell alcohol, operates casinos and sell tobacco products are called as “Sin” stocks. In this sector, tobacco stocks usually have high dividend yields and steady growth. Tobacco companies make high profit margins and their products generally sell well despite high taxes as people become addicted to them. Casino stocks are volatile …
Emerging market economies grew faster than developed world economies for many years now and this trend is projected to continue for the foreseeable future. For example, this year the U.S. economy is estimated to grow by just under 2%. Compared to this low growth rate, the GDPs of Brazil, China and India are forecast to …
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In this post lets take a quick at five stocks from different industries and some of the reasons to own them: 1.Applied Industrial Technologies Inc (AIT) Applied Industrial celebrated its 90th anniversary this month. Based in the mid-west the company is an industrial distributor selling products including bearings, power transmission components, fluid power components and …
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