In the world of conservative stocks, the Retail, Financial and Technology sectors will rule the roost in 2018.
In Retail, people are spending on their homes, which in many cases is a senior’s biggest asset. Home improvement stocks should continue to shine. And I’m seeing clothing stores are having accelerating profit growth. Malls are losing big retailers, and consumers are going to discounters.
In Finance, the stock market is rising, and people are utilizing ETFs and S&P 500 Index funds to manage investments. Rising rates make it easy for them to grow profits, and worldwide credit cards adoption continues to thrive.
And in Technology, the big everyday names are becoming more dominant. So we have to own these stocks, as they have the early lead on Artificial Intelligence (AI), the next phase of growth.
Here are my Top Ten Conservative Stocks for 2018. Eat ’em up.
