Next Boom Sector?

[AlterEgo]

Energy
Gold

 

[wayneL]

Printing :

 

[Porper]

Tent manufacturers?

Bring it on I say.

Once headline news is about the markets, crashes, people having to live in tents because of home repo's and it's the end of the world as we know it stuff we will be approaching stability again.

Not that I will put my money where my mouth is, long term, yet.

Great trading opportunity short term though,I would think day trading is the way at the moment, not my forte though.

As for the next boom sector.Not sure but looking at how some resource stocks are going, they can't get much lower in price, so when stability returns I will be looking at these.

 

[Temjin]

I'm surprised no one mentioned this yet.

AGRICULTURE!!!

People still need to eat you know..

 

[galey]

I agree AGRICULTURE!!!

Gold and Silver is always the safest bet in these times, there is a lot less Silver in the world the Gold.

http://www.youtube.com/watch?v=FOKn7tiUMyc

 

[mrgroundwork]

I'm surprised no one mentioned this yet.

AGRICULTURE!!!

People still need to eat you know..

pity agriculutre is heavily segmented and privatised... very difficult to get exposure to it via the ASX anyway...

plenty on offer agriculture wise in the US though....

 

[mr_delta]

Anything in green power generation will take the lead in the next boom...Wind power, solar power are the expected winners here...

Have you heard of Scnadium? It is a very exotic material and is used in some fuel cell technology....that could be a goer if and when a reliable source of Scandium is developed...(presently sells for $1400 / kg)...

 

[zolow]

Tent manufacturers?

I'd also go with sleeping bag manufacturers... come to think of it cardboard box makers (and newspaper companies) might also be a good play.:

 

[xyzedarteerf]

I'd also go with sleeping bag manufacturers... come to think of it cardboard box makers (and newspaper companies) might also be a good play.:

dont forget to mention Portable Loo, Bottled Water,Plastic bags,Cardboard Boxes this could be sold as a lifestyle package deal.

 

[bas]

Problem with all the alternative energies is that the interest in them wanes when oil/coal are cheap. If you think oil/coal prices will keep falling in line with possibly reducing demand, then so too will interest in alternatives.

Maybe internet stocks will have a second coming?

 

[dhukka]

Interesting that noone has mentioned biotech, could be a good contrary indicator

 

[pan]

Interesting that noone has mentioned biotech, could be a good contrary indicator

I believe Mayk quoted it earlier

2- Biotech

 

[rub92me]

Well, I wouldn't call it boom, but I have put some money in a cashed up biotech for the longer term. At this phase of the crisis I'm very selective and only choose companies with enough cash to comfortably ride out the next 3 years and can use these times as an opportunity to build their business by organic growth and selective acquisitions.

 

[rub92me]

Is Kalashnikov a listed company?

Check out Izhmash ---> listed as IGMA on the RTS Stock Exchange.

 

[dhukka]

I believe Mayk quoted it earlier

Didn't see that one, my apologies Mayk

 

[IFocus]

dont forget to mention Portable Loo, Bottled Water,Plastic bags,Cardboard Boxes this could be sold as a lifestyle package deal.

Thanks that cracked me up

 

[rthakkar]

I have to chose Uranium. Safest bet, the prices have already fallen drastically starting mid last year.

if the prices go down further, it will start affecting ( and has already started affecting) production - pushing the supply lower

just in time when the world recovers from the painful recession and we see the next growth phase - people will chose uranium.

Risk:- people's attitude towards danger posed by uranium enrichment.

 

[2BAD4U]

Mechanics.

All these people who were about to retire and use their super to buy a new 4WD and Caravan will now have to fix up their old bombs and work till they drop dead.

Hmmmmmm.......Maybe funeral homes will be another boom sector.

 

[nunthewiser]

H20.....including hydrogen power and providers of such equipment, fuel cells, conversions etc etc

oh and debt collections , pawn brokers and other dealers in debt profiteeering as pointed out by silver earlier

 

[son of baglimit]

i disagree debt collection - in this country consumer protection laws and similar make it hard for debt collection agencies to GO HEAVY to extract monies to settle debts. its never been the boom industry it should be, like in the US.

to boom ? - anyone involved in the giant LNG plants to be developed across northern & western australia..... tens of billions spent on each one.