Equity analyst project | Business & Finance homework help
When analyzing alternative industries for potential growth and earnings over the next 12 months, factors such as current market trends, customer needs and preferences, availability of resources to invest in the industry, and potential competition must be taken into account.
With that being said, some options which could perform well in this period include streaming services due to increased digital consumption habits brought on by Covid-19; renewable energy given its environmental benefits and rapidly growing demand; e-commerce since people have been forced to stay home more often resulting in higher online sales; healthcare technology as providers look for ways to reduce costs while improving patient care; and artificial intelligence (AI) due to the need for automation solutions across many sectors.
Ultimately it is important to consider all available information before making an investment decision so that a sound strategy can be developed that takes into account both short-term gains as well as long-term sustainability.