What you should have known at the start of the year to double your money on stock market

Autor: Andrei Chirileasa 03.11.2010

Those who bet on exporters and energy or utilities at the beginning of the year made hefty profits in the first ten months. Few would have bet, though, on real estate firms, which were among RASDAQ performers.
One of the signals at the beginning of the year signals were the statistical data on the exports pick-up (as soon as November 2009), but few investors would have dared invest in stock of exporting companies, most of them in the industry field, which reported some of the steepest turnover declines for last year. Those who did, counting on a faster recovery of Western developed economies compared with the Romanian one, raked in considerable profits.
The energy field, which ranked high in brokers' recommendations, also brought big gains.
Some brokers at the start of the year also recommended financial or food industry stocks, but these proved to be a poisoned apple for investors.
Real estate companies traded on RASDAQ have been among this year's few surprises, with increases of above 10%, despite the struggling real estate sector.