Tech stocks get a lot of the plaudits from growth investors, but we’ve seen in recent years you can find oversized returns in many sectors of the economy.
For most of the last century stocks of companies that work to get you from point A to point B were in the stodgy, slow-growth category, but times change. In 2020 we saw electric vehicle companies and their suppliers shoot higher, and companies that want to get cargo and people to space have been front of mind so far in 2021. Meanwhile, an old standby, airline stocks, are beaten down from the pandemic and have the potential to gain altitude in the quarters to come.
Those are three very different types of stocks, with different risks and different potential rewards. Which subsector offers the best options for investors?