Poll: Ho! Ho! Ho!
- 35% Classic Blue Chips
- 28% Risky Rapid Growers
- 19%: There’s no Sleigh Ride This Time. So None!
- 18% 52 Week Lowers
The Invstr community is probably doing the wisest thing this Christmas, sticking to tried and tested household names. As fail-safe bets all-around, the market rarely punishes investors for paying too much for a well-established brand. The likes of Disney, Coca-Cola, Berkshire Hathaway, and Apple enjoy competitive advantages that make them compounding machines over the long-term. So, as share-giving grows in popularity, many kids will likely be in receipt of blue-chip names this Christmas morning.
It’s also been a knockout decade for market speculators, don’t forget. Many of us have a new-found confidence in smaller, riskier risers. 28% of the community will see out the year with companies that split opinion, hoping that festive cheer is enough to swing sentiment the bullish way. With tax-loss selling ensuing right now, the tech sector is still looking for traction. If a Santa Claus rally is coming, it should arrive at any moment. Is this still the right market approach? It’s too close to call!
With only weeks of the decade left, many polled investors don’t think there’s time for 52-week low-ers to reverse their fortunes. This makes sense. Despite market sentiment often warming up to turnaround stories, the market rarely moves on your timetable. Only 18% of the Invstr community will risk getting their fingers burnt as contrarians, and join the remaining fifth of investors set to anxiously ruminate on the state of markets this year as they chew on their Christmas dinners.