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

Autor: Andrei Chirileasa

03.11.2010, 23:50 4

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

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