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Exciting Doesn’t Necessarily Equal Profits

QuotesLet’s face it, exciting stocks are…well…exciting. But is exciting always better? And what exactly is an “exciting” stock? Today’s article discusses a study that may make a case for choosing a more “boring” stock. Here’s what they had to say, “When all is said and done, stocks in exciting industries, like computer software and pharmaceuticals, have lower returns than banking and utilities stocks, according to a recent working paper from the National Bureau of Economic Research, the same organization that determines when U.S. recessions start and end.” To read more, CLICK HERE.