Rx for the Bear-Market Blues.
Kiplinger's Value Added Web Column, April, 2001
Byline:Steven Goldberg, Kiplinger Washington Editors With all the major averages in or near bear-market territory and Nasdaq at a two-and-a-half year low, where can an investor seek shelter? Many of the traditional "defensive stocks," such as consumer staples, have failed as havens in this bear market.
Value stocks and funds that invest in them have outstripped growth stocks -- but so far this year, value stocks have merely broken even. One place to look for shelter may be stocks of pharmaceutical companies. Even in a recession, people aren't likely to cut their spending on medical care. What's more, drug companies hold patents -- which keeps them relatively insulated from the competitive pressures that affect the rest of the economy. ...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
Presented by American Express