Five Booming Industries You Need To Watch Out For This 2020

With the stock market slowly gaining track, savvy investors are slowly searching for worthwhile investments.  Despite the global current affairs, here are five industries where investors could put their money in for 2020. 

Biotech 

The Biotech industry seems to be a favorable investment, especially for legacy pharmaceuticals. According to Kevin Mahn, Chief Investment Officer of Hennion and Walsh, Biotech is at the forefront of the evolution in the healthcare industry. The US News believes that innovative healthcare helps legacy pharmaceuticals expand and increase revenue. 

Big pharmaceuticals might be interested in smaller health firms with drugs that are about to hit the market. 

Marijuana

Yes, you read that right. Cannabidiol (CBD) seems to be in trend recently. According to Zak Garcia, Chief Marketing Officer at CBD Capital Group, the market for CBD is expanding at 132%. This is attributed to hemp-derived products being legally available across all 50 states. In a study, it is believed that the total market is projected to reach $22 billion by 2022. 

Artificial Intelligence

Technological breakthroughs aren’t ending anytime soon. What we know now is that technology is leading the evolution of how societies function. Cloud computing and AI technology seem to be the driving force behind the growth of the technology sector. 

According to Alan Grujic, CEO and founder of All of Us, the AI tech battle between and US and China will support both AI and cloud computing-centric companies in the medium term. 

Oil and Gas exploration

Oil has stood the test of time. According to Steven John Kaplan of True Contrarian, lower-valued energy firms are expecting a rebound that will continue over the course of 2020. He said that the total buying of top executives exceeded that of the 2007-2009 recession. 

Real Estate and Trusts

Again, this sector is a seasoned veteran in lists like these. Lower financing costs are running toward a boom in the real estate sector. Public Real Estate Investment Trusts (REITs) are easy to access through mutual funds or exchange-traded funds. 

Chris Burbach of Fundamental Income prefers net-lease REITs. They are leased to single tenants who pay both rent and property taxes. He believes that these provide dividend yields of 4.9% and 18 times equity cash flow. Net-lease REITs are expected to appreciate in value through rent increases.

What can you say about these industries? Will these be future-proof investments for you? If you are curious about the most expensive stocks in the world right now, you might want to read here.