Here are some trends I’m paying attention to for 2015:
GAMBLING SIN STOCKS TO RISE
2014 saw some gains in the markets, improvements in the economy, a lowering of oil prices (and, thus, fuel prices). Although economists are entirely bullish, the man/woman-on-the-street is enjoying something that resembles the financial comfort and security of a pre-2007/2008 world. Yes, it’s not perfect and rosey but it’s the best we’ve had in a while.
I believe that kind of financial security leads to gambling. People feel that they have more throwaway money so they take more vacations and feel like they can spend a little on themselves at casinos.
So I think gambling sin stocks should do well this year.
MARIJUANA SIN STOCKS TO CONTINUE MAKING GAINS… OF SOCIAL ACCEPTANCE
Marijuana sin stocks are relatively new and continue to make in-roads into the public consciousness. I think we’ll see increased acceptance as pro-weed states set a new standard that other states want to follow.
I don’t think this will be a watershed year but I think we’ll see slow-and-steady gains of acceptance this year, although the stock prices won’t be through the roof.
POSSIBLE SERVICE EXPANSION AMONG CONFLICT SIN STOCKS
Most conflict sin stocks are thought to be gun manufacturers and mercenaries. But after the Sony hack by whatever group is actually responsible, I wonder if we’ll see a rise in organizations that reactively — and maybe proactively — fight hackers, especially international hackers with possible ties to enemy countries. I think we’ll see existing security companies expand their counter-hacking departments and we may see new anti-hacking companies spring up as a result.
NEW COMPANIES CONSIDERED SIN STOCKS
Recently, Apple’s reputation took yet another hit because of its association with sweatshop labor. Amazingly, people continue to love the company but at some point these things will add up. Although there is momentary outrage, it quickly dies away. People love cheap products more than they love the outrage of sweatshops. But that doesn’t diminish the reality of sweatshop labor so I think we may see stocks that aren’t traditionally thought of as “sin stocks” could be added to the BIG BIG LIST OF SIN STOCKS because they pay slave’s wages.