By Hal Campbell
Environmental, Social & Governance (ESG) became popular when Joe Biden became the US President. His stance on renewable and sustainable energy programme boosted market confidence in green companies.
2. Healthcare Innovation
If anyone is getting us out of this pandemic, it is the healthcare sector. Within this booming industry, the need for improving efficiency, effectiveness, safety and affordability of healthcare worldwide.
3. Cloud Computing
Cloud computing continues to be one of the hottest ‘new’ tech sectors. essentially, cloud service platforms enable companies to store data remotely and retrieve them via the internet. Companies like Microsoft and Amazon are big investors in cloud computing.
An already growing sector that is killing off high street retailers. Electronic commerce propelled to the front line amid global pandemic with consumers shifting the way they shop digitally.
5. Robotics & Automation
For years, the notion of machine replacing human labour is now becoming more and more of a reality. Businesses are increasingly looking to be competitive by cutting down costs through investing in machines. Some restaurants are already using robotic arms to replace cooks in their kitchen!
Another sub-sector within the healthcare industry. When it comes to genetics investing, companies in this niche life science area are mostly focussed on four areas: DNA sequencing, genetic testing, gene therapy and genomics, which includes genome editing.
Semiconductor companies design and manufacture computer chips and related components. The US alone is accounted for nearly half of the $429 billion in global chip spending in 2020.
Uranium in its enriched form is the fuel of nuclear power stations, 440 of them generate 16% of the world’s electricity. Only a handful of mines in Canada and Australia produce uranium as their primary product.
Global marijuana markets are growing like weed (pardon the pun!). The total is projected to increase to $63.5 billion by 2024 with an annual growth rate of 21%. David Beckham recently invested in a CBD company in the UK.
10. Outdoor Living
With the vaccination programme being rolled out worldwide, consumers are already looking forward to enjoying outdoor activities. Sportswear brands and some airline companies are some of the players who can come out of the pandemic with strong results.
Disclaimer: The information provided in the article is for informational purposes only. It should not be construed as, nor relied upon as, professional advice.