You contribute to their topline, why not also own them? 5 stocks from the ‘sin sector’ with a different, long-term investing perspective
- Posted on January 5, 2025
- By Business News Today
- 3 Views
You contribute to their topline, why not also own them? 5 stocks from the ‘sin sector’ with a different, long-term investing perspective
The chances are that, in the past three weeks, you have contributed to the topline of one of the five companies on our list today. It is a sector which is taxed at the highest rate. And, being a state subject, it is impacted by the whims and fancies of political parties. The sector also faces a host of other problems. Despite all this, there is growth, and companies do make money. Why? Because the need which they cater to is such that demand is not a problem. One thing to watch out for, however, is whether debt – which most companies in the sector have – is within manageable limits. Another thing: Does the company have at least one brand that stands out?