The new year is just 2 months old and many investors are wondering which industries are worth investing in and which industries rather than investors should be avoided.
As a rule, disillusionment always follows after every major hype. This is especially true when investors’ high expectations of an industry are not met.
Industries that investors should avoid in 2019
In recent years, these have included stocks of 3D printer manufacturers , which have brought such investors high losses, which have entered the hype phase. Following Canada’s release of cannabis cultivation, trafficking and distortion in October 2018, cannabis stocks were on the rise, with hype surrounding these stocks .
Cannabis Stocks – Will the Crash Follow After Soaring?
Stocks of companies such as Tilray, Canopy Growth and Aurora Cannabis were among the high flyers on Wall Street in 2018. The prices of these companies have multiplied within a few months.
Nevertheless, initial investment experts warn against exposure to cannabis stocks. The reason: the hype surrounding these papers was very high in 2018, with many investors expecting massively increasing sales and profits for this sector. In fact, some companies in the industry also delivered strong sales growth, but many analysts had expected even better results. ...CONTINUE READING