We sold it, however, in mid-2011 when more
cyclical companies got cheap due to fears of another economic crisis in Europe.
Not exact matches
While the auto - parts sector is
cyclical —
companies make most of their money earlier in the year, while automakers are assembling cars for September launches — many
companies pay a dividend to
get you through the slow times.
We tend to
get very excited when we find through our research that the
company's setback is a temporary,
cyclical downturn.
If things
get too bad, then
cyclical companies can go bust, their stocks losing all their value.
Don't
get me wrong:
cyclical companies have their place in a diversified stock portfolio, they
get dirt cheap from time to time and can make terrific investments even for the longer term.