Not exact matches
Here in Canada, the $ 7.4 - billion men's apparel
industry grew by 4 % between July 2011 and July 2012 (the women's side
of things
slumped by 1 % over the same time period), and on both sides
of the border, men's accessories is the fastest - growing retail market
out there.
Spreading your holdings
out across the five sectors helps you avoid overloading yourself with stocks that are about to
slump because
of industry conditions or a change in investor fashion.
Ideally the company should have a strong competitive position in a stable
industry, or should at least be one
of the stronger companies in a cyclical
industry that can ride
out slumps when weaker companies falter.
Indeed, the smartwatch
industry seems to be doing something akin to floundering these days, suggesting that this may not be enough to pull Fitbit
out of the
slump its found itself in.