Boring stocks often make the best long-term investments…
Walmart (WMT), for example, isn’t going to blow anyone away with exciting technology or a new grand vision. But it grows, year after year. And investors have made a killing since the company went public.
The boom-and-bust sectors are completely different. These businesses do incredibly well on one side of the cycle… only to see sales grind to a halt on the other side.
The semiconductor space is one of those sectors. These stocks have been in a spectacular boom, more than doubling in less than two years. But a recent setup has raised questions about what’s next…
This post originally appeared at DailyWealth.