Associated Press Finance Editor Discusses Sin Stocks
In this video (posted waaaaaaaay back in 2008), AP Personal Finance Editor Trevor Delaney discusses a handful of sin stocks and why invsetors might want to take a closer look at them. “In tough times, folks continue to smoke, drink, and gamble”. So true!
He discusses the usual suspects — Philip Morris (PM), Diageo (DEO), and the Vice Fund (VICEX). I like that he reminders investors that fundamentals still matter. They do! Consider what Delaney’s recommended stocks have done since 2008!
