Now that we are in the last financial quarter for 2009, it is important to start looking at the best investment opportunities for 2010. Economic, political and social trends now are already affecting the stocks for 2010 and savvy forecasters can get on board hot stocks early, maximizing their potential profits. Here are ten of the top types of companies you should invest in for 2010.
1)Green Energy Concern Companies - Green energy is big, and will just keep getting bigger, especially now that the current administration has released stimulus money to increase green energy initiatives. Investing now in companies that are poised to handle green energy concerns may yield excellent returns in 2010.
2)Green Energy Technology Companies - Similarly, companies looking into green energy and are inventing new technologies as opposed to relying on old ones to fill current demands will also feel greater demand for their services due to the billions of dollars of stimulus money for such technologies. Speculative green technologies may be a good investment for the upcoming months.
3)Hybrid Car and Energy-Efficient Appliance Manufacturers - Part of the green energy initiative that makes up part of the stimulus spending is to encourage citizens to drive greener cars and to upgrade appliances and CACH systems in their homes to more energy efficient models. Hybrid car manufacturers and energy-efficient appliance manufacturers could experience a big boom as citizens spend money on new cars and appliances to take advantage of tax breaks and could be a good investment for 2010.
4)Federal Construction Contractors & Engineering Companies - Federal stimulus money is also spurring on new construction, especially infrastructure improvements, like highway construction. Investment in federal construction contractors and engineering companies could be an excellent investment.
5)Military Contractors and Private Sector Military Suppliers - With recent calls from military leaders to send even more troops into Afghanistan, military contractors and private sector military suppliers could end up making more money as the war in the Middle East Wages on.
6)Companies Specializing in New Home Construction - With the $8,000 tax credit for first time home buyers now in place, increased demand on housing could result in new home construction. Investment in companies specializing in new home construction as well as those poised to take advantage of non-commercial real estate sales could be a good investment.
7)Companies That Produce and Distribute Vaccines - H1N1 has spurred people into seeking vaccinations in record numbers in the United States. Companies that produce and distribute vaccines of all kinds could be a hot investment for 2010.
8)Health Insurance Companies - Similarly, with health care in the news and the health insurance bill passing out of Senate committee, affordable health care is at the forefront of the news. Keep a watch on insurance companies. If the health insurance bill passes and a tax penalty forces uninsured Americans to seek coverage, companies that offer inexpensive health care coverage could become profitable investments.
9)Smart Phone Companies - The Smart Phone race is on with three major companies vying to become to the must-have all-in-one telephone. This holiday season will see a rise in spending for these phones, as well as the myriad applications people use on these phones. People willing to buy stock in such companies just before the holiday season could see huge profits in 2010.
10)Hand-Held Book Readers - In the same vein as Smart Phones, electronic, hand-held book readers are poised to be a big hit for the holiday season in 2009. Investment in companies that produce these readers just before the holiday season begins could yield excellent returns.
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