So, the economy's grim . But, are there any types of businesses doing particularly well on wall street?

Question

So, the economy's grim . But, are there any types of businesses doing particularly well on wall street?

Answer 1

I am not recommending buying these stocks.

This market is dangerous. Support has been broken.

Wabtec (WAB) They make train brakes and public transportation accessories.

SQM. They mine crop nutrients and lithium.

Natural gas companies like CHK, DVN, NFG, STR.

Big speculation stock - AMSC for electrical transmission.

Good luck!

Answer 2

Energy has been doing great.  Technology also hasn't been doing bad.

Answer 3

Public Storage

with all the foreclosures people are having to find places to store stuff while finding a new place to stay

Answer 4

Energy sector- natural gas, nuclear,coal

Infrastructure

Agriculture/Fertilizers

Miners

Deep water drillers&

Oil exploration companies

to name just a few areas. Here is how you learn this for yourself: go on Yahoo Finance, look up market sectors, and see the winners and laggards.

Answer 5

Yes, oil compaines are doing very good because of the supply and demand for example exxon but their stock is very high, it would be best to invest in oil and natural gas companies.