What industries typically do the best when the economy is booming?

Question

I plan on buying stock very soon. I want to invest in industries that thrive with a good economy. The industries that will likely turn around when the economy bounces back in the next 2 or 3 years.

Answer 1

Study sectors.  "The economy" is not a monolith.  Certain sectors can thrive while others suffer.

Answer 2

power,energy,it,pharma and auto industries will turn when the economy bounces

Answer 3

Pretty much any market that has been hit hard during this Bear market. Housing, mortgage, and financials. I would hold off buying these right now because they are doing really bad but when the market does decide to turn these all would be great investments.

If you are looking for something to invest in right now I would suggest commodities: Natural gas, oil, steel, and gold.

Answer 4

The church.  But I dont know if you can buy shares