With more than two thousand stocks listed on the ASX and over three thousand on the NASDAQ, which sector should you invest?There are more than two thousand stocks listed on the ASX and over three thousand on the NASDAQ. Deciding on what to invest in should take up a fair amount of time because unlike buying clothes, you cannot just refund the shares purchased simply due to change of mind. Shares listed on an index are categorised into more than a dozen of industries. This article seeks to examine the three most popular sectors.Photo by Pineapple Supply Co. on UnsplashTechnologyThe tech sector has been one of the best performing sectors over the years and has definitely proven to weather the Covid-19 outbreak well. The pandemic outbreak did not only tested the resiliency of tech stocks, but some have experienced accelerated growth and stretched valuations due to the escalated move to work and study remotely. Be it product-based or service-based, companies such as software developers, cloud computing, streaming service, and gadget makers belong to this sector.Health CareRegardless of what happens in the financial market, the demand for health care tends to remain unchanged. Hospitals or health care providers and makers of specialty medical equipment are much like the technology sector. They are constantly making improvements and discovering new breakthroughs in life-enhancing and life-saving capabilities within the sector. And with the public\u2019s willingness to expand funding, revenues within this industry often seemed limitless.Consumer DiscretionaryOften known as consumer cyclical goods, these are businesses that provide goods that are considered more of a luxury rather than necessities. Despite the fact that disposable income for each household has increased over the past decade, Covid-19 has hit the stocks in this sector especially hard due to limited operations and special operating procedures. It is therefore vital\u2026<\/p>","protected":false},"excerpt":{"rendered":"
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