'Sin stocks' are surging. Sin stocks - a subcategory of the consumer staples sector -are a group of equities whose primary business is focused on the guilty pleasures in life, i.e. alcohol, tobacco and gambling.
Analysts are watching the surge in this sector and are bullish on its growth. Most likely to the rise in consumption of sin stock products in these uncertain times. Over the past year, beer sales were up 42%. Wine sales 66% and liquor sales like tequila and gin led the charge up 75% compared to the same time last year.
To start your research on this sector, here is how a few of the market leaders are doing:
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Analysts now believe with confidence that the risk-reward for this stock justifies a strong 'buy' rating. New management of this gambling company has earned the confidence of
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These changes may refer to ROAG's recently acquired
For investors, the best may be yet to come. In the
HBI is a diversified holding company that dovetails with ROAG. ROAG plans to raise more capital through an S-1 Registration. Farther into the future, it plans to raise more capital through a warrant rights offering to fund more growth. Keep ROAG stock on your
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Investors are especially keen to the company opening its first 'franchised' Bombshells location in its
Keep these stocks on your
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