The tech sector is one of the hottest on Wall Street – the tech-heavy Nasdaq is already up 13% on the year – but “sin stocks” are where you’ll find the biggest gainers…
One of the more intriguing indexes Wall Street’s concocted is the ISE SINdex Index (INDEXNASDAQ: SIN), which tracks a basket of casinos, brewers, distillers, vintners, and tobacco companies.
Basically, it’s all the products that are so bad they’re good.
Unfortunately, you won’t find it quoted in the financial media too much these days. People have gotten too politically correct. That’s too bad, because since the year 2000, it’s outperformed the S&P 500 nearly seven-fold.
A $100,000 investment in Philip Morris 30 years ago would’ve yielded $4.4 million today if you held on to all of its spin-offs, including Altria Group Inc. (NYSE: MO). The same investment in Apple would’ve netted you 30% less.
Obviously, you’d be thrilled with both outcomes, but don’t let the hype surrounding big tech fool you: Sin sells.
It’s not just Phillip Morris, either.
Brown Forman Corp. (NYSE: BF.B), the makers of Jack Daniels whiskey and Woodford Reserve bourbon, surged 1,830% over the last 30 years.
Wynn Resorts Ltd. (NASDAQ: WYNN), the famous Las Vegas casino operation, popped 913% since 2002.
And the maker of Corona beer and Svedka Vodka, Constellation Brands Inc. (NYSE: STZ), puts the others to shame with an eye-popping 30,638% gain since 1989. That doesn’t even include the dividends you’d have racked up along the way.
THREE STOCKS: Any one of these cannabis companies could potentially deliver a 1,000% windfall. Click here to learn more…
In short, some of the best long-term opportunities in the investing world come from the “sin” industries. Not only are these companies always in demand, but investors often shun them because they believe owning them is immoral. That leaves better values for savvier investors.
And the “sin” sector is about to get an explosive new catalyst – one that gives you the opportunity to get in early on some of the most potentially explosive companies in the world…
Where to Find the Best Sin Stocks Right Now
If the product is legal, investing must be based solely on profit-making potential. Your bank account does not care if the money it contains was made on an arbitrary measure of what is moral.
At the end of the day, decisions based on anything but earnings, market share, cash flow, and management’s acumen will usually underperform.
And that’s exactly what’s happening the cannabis industry, the newest entrant into the “sin” sector.
Even though marijuana and cannabis products are legal in many states and several countries, it still remains a hotly debated topic across this country. The “gateway drug” moniker is still attached, and so-called experts get on TV news to preach how, at best, it is not proven for health and, at worst, it’s only for dropouts.
Good. Let them.
Not only are they dead wrong, but they’re leaving money on the table.
We have shown here at Money Morning for months on end that aside from its recreational allure, cannabis is a wellness drug. It deserves to be decoupled from Schedule 1 drugs like heroin, cocaine, and ecstasy.
In fact, cannabis can help fight the addictions some of those Schedule 1 drugs create. It fights pain and anxiety. And it promotes general wellness by supplementing the natural endocannabinoids already flowing through human – and other mammalian – bodies.
Former Speaker of the House John Boehner says the positive benefit for treating PTSD in veterans is one of the major reasons he changed his mind about cannabis legalization.
The reality is that investors who steer away from cannabis because of moral objections are really steering away from life-changing profit potential.
Getting in on the next Atria or Brown Foreman now, at bargain basement prices, could end up being the best move you’ve ever made.
Stocks of quality companies in this sector will explode higher when the public finally and fully accepts cannabis as not only a mainstream product but one that can actually changes lives for the better.
It’s simply a matter of time until cannabis sits atop the “sin stocks” hierarchy.
And you have the chance to get an insider’s edge in finding the absolute best cannabis companies to invest in before this market truly explodes.
[Critical] These 4 Companies Could Unleash Up to $12 Billion in New Wealth by Jan. 31
Within the next five weeks, we could see as many as 10 private cannabis companies go public.
According to our research, four of them could set new opening-day records.
In fact, each of these companies is capable of generating between $500 million and $3 billion for investors the day it goes public.
That’s a potential $12 billion in new wealth created before Jan. 31.
To find out all of the details on each of these four IPOs – and how you can get in on them even if you’ve never invested a dollar in your life, simply click here.
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