Forget socially responsible; fund cashes in on sin – CNBC CNBC Forget socially responsible; fund cashes in on sinCNBC… these stocks," write professors of finance Harrison Hong and Marcin Kacperczyk in a 2009 paper published in the Journal of Financial Economics. "Sin stocks also have... Read More..
The wages of sin are… – The Daily Reckoning The Daily Reckoning The wages of sin are…The Daily ReckoningResearch showed that “sin stocks”, ie companies selling stuff like fags, booze, gambling or guns, tended to outperform the market significantly over time. Why is that? Well... Read More..
Hillary Clinton Could Be the Greatest Millionaire-Maker of All Time – Money Morning Money Morning Hillary Clinton Could Be the Greatest Millionaire-Maker of All TimeMoney MorningAs we have discussed several times, sin stocks – including firearms – are usually more about value than vice when... Read More..
Buy British American Tobacco For Diversity And Yield – Seeking Alpha Buy British American Tobacco For Diversity And YieldSeeking AlphaSo-called "sin" stocks have been doing well this year, especially tobacco companies. Most of the headlines have been focused on the high profile American companies MO,... Read More..
5 Sinful Stocks to Buy for a Halloween Treat – TheStreet.com TheStreet.com 5 Sinful Stocks to Buy for a Halloween TreatTheStreet.comNo, sin stocks don't have anything to do with the ghosts and ghouls wandering your neighborhood looking for candy this weekend. Instead, alcohol, tobacco, gambling,... Read More..
According to Greg Guenther of The Daily Reckoning, Casino stocks are rebounding after a few years of hard times. The problem, according to the article, is Macau, which has been dragging down casino stocks for the past few years. Guenther writes, “owning casino stocks over... Read More..
Does Divestment Work? – The New Yorker The New Yorker Does Divestment Work?The New YorkerSeveral studies have shown that, because of the pressure against investing in morally dubious companies, “unethical” investments (sometimes called “sin stocks”) produce higher financial returns for the investor than their “ethical”... Read More..
Bezek's Daily Briefing: Modest Rally As Market Awaits New Developments – Seeking Alpha Seeking Alpha Bezek's Daily Briefing: Modest Rally As Market Awaits New DevelopmentsSeeking AlphaSo sin stocks clearly win the day. Steel was the very worst sector of the 30, earning just 2% real... Read More..
Earlier this evening, Canadians voted in a new federal government. The Liberal party, led by charismatic son-of-a-former-prime-minister Justin Trudeau, won by a considerable margin. (For non-Canadians: The Liberal party is a left-of-center party, akin to the the Democratic party in the US). Among their platform... Read More..
Strongest Market Sectors Since 1933: Smoking Wins, Steel Rusts Away – Seeking Alpha Seeking Alpha Strongest Market Sectors Since 1933: Smoking Wins, Steel Rusts AwaySeeking AlphaSo-called 'sin stocks' such as tobacco and beer run away with the best returns. Cyclical sectors and basic materials tended... Read More..
Investing in sin! – Greater Kashmir Greater Kashmir Investing in sin!Greater KashmirIn market parlance, the stocks of companies either directly involved in or associated with activities widely considered to be unethical or immoral are called 'sin stocks'. These kinds of stocks are 'perceived as making... Read More..
There have been many rumblings lately about a big beer merger between two beer sin stocks, Anheuser-Busch InBev (BUD) and SABMiller plc (SAB). Here at Sin Stocks Report, we’ve actually been keeping pretty quiet about it lately. Not that we haven’t been aware. However, we... Read More..
A Merger Is Shaping Up In The Beer Industry — But The Big Winner Will Be From … – Nasdaq Nasdaq A Merger Is Shaping Up In The Beer Industry — But The Big Winner Will Be From …NasdaqClearly, "sin stocks" stick together. Altria, as... Read More..