3 Scintillating Sin Stocks to Buy for Indulgent Returns
Innovative Industrial Properties(IIPR) Investor Place·2024-07-09 02:46
The wages of sin may be death but there is a lot of profit to be made along the way. Sin stocks are often great investments because they tend to be recession-resistant. Alcohol sales, for instance, tend not to decline during tough times because people continue to drink regardless of economic conditions.During the recession of 1990 to 1991, Constellation Brands (NYSE:STZ) gained 11% compared to the S&P 500 rising just 3%. Again in 2001, the alcoholic beverage stock gained 34% versus the benchmark index tumbl ...