2023-07-10 10:12:37 ET
If you like thematic investing, you've come to the right place. Here are four stock ideas for investors who like to look at the big picture and find ways to profit from hot trends in the economy. The ideas involve GE HealthCare Technologies (NASDAQ: GEHC) , Delta Air Lines (NYSE: DAL) , Johnson Controls (NYSE: JCI) , and nVent Electric (NYSE: NVT) .
Investing on a theme can be lucrative, but you don't want to go all in on trend investing. It's better to treat it as a piece of a well-diversified portfolio. It might be better to start small -- say $1,000 -- and work your way into it. If you like following enduring economic trends, parking a relatively small amount of money in these four stocks and seeing how they perform over the next decade could benefit your overall investment portfolio. Let me explain.
Theranostics combines therapeutics and diagnostics whereby one radioactive tracer can identify and diagnose an affected area -- say, a tumor -- and another can target and treat the tumor precisely. While some might confuse the term theranostics with the now-defunct company Theranos and the controversy surrounding Elizabeth Holmes, the two are not connected in any way.
For further details see:
4 Top Trends to Invest $1,000 in Right Now