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4 points posted on 05/07/08

35%

Mount Lord:

-8.44%
risk: moderate

Which sector will do best in 2008?

The economy is going through difficult times. With the dollar weakening, Oil prices and Inflation skyrocketing which sector do you think is the best to bet your money on?

Related to:

GOOG		Google Inc
POT		Potash Corp. of Saskatchewan Inc.
TM		Toyota Motor Corp
MT		Mittal Steel Company NV N Y Registry
AMR		AMR Corp

Comments (5)

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Thomas George

9 %

3 points commented 550 days ago reply

I think the best bet would be buy commodities on dips.In stocks the natural resource companies will outperform.In the group you mentioned I will be interested in POT,MT if the valuations improve.Automakers may be avoided,I am short GM.AMR is a short but there is always the risk of bankruptcy in airline stocks,so it requires one to be nimble and aware of market action.
Read "hot commodities" by Jim Rogers and books by George Soros to flesh out these ideas.
Happy investing !

abates

N/A

3 points commented 549 days ago reply

Good recommendation with the book, Soros and Rogers are some of the best investors of our time. I agree you have to keep an eye on commodities. But I would also watch the dollar for the timing of entry points

allstarinvestor

85%

1 point commented 538 days ago reply

Stick with what has been working, commodities, alt energy, emerging markets and multinationals

Walter Thatcher

74%

1 point commented 535 days ago reply

I agree with allstarinvestor. I also suggest that you try to look at the worst performing industry of 2008. You will find some bargains.

abates

N/A

1 point commented 531 days ago reply

Keep looking at sectors that will be needed for international infrastructure worldwide. That means steel, copper and other industrial metals.

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