Fisher Investments developed the Fisher Investments on series to provide aspiring investment professionals, individual investors and students an understanding of investment sectors, along with the tools to analyze investment opportunities—principally when investing in both international and US stocks. Each guide is an easily accessible primer to economic sectors, regions, or other components of the global stock market. While, the basic investment methodology is applicable for analyzing any global sector, regardless of the current macroeconomic environment, the following guide will concentrate specifically on the Industrials sector.
Fisher Investments on Industrials can help guide you in making top-down investment decisions specifically for the Industrials sector. It shows how you can determine better times to invest in Industrials, what Industrials industries and sub-industries are likelier to do best, and how individual stocks can benefit in various environments. The global Industrials sector is complex, covering many sub-industries and countries with unique characteristics. Using our framework, you can be better equipped to identify their differences, spot opportunities, and avoid major pitfalls.
This book takes a global approach to Industrials investing. Most US investors typically invest the majority of their assets in domestic securities; they forget America is less than half of the world stock market by weight — over 50 percent of investment opportunities are outside our borders. This is especially true in Industrials as many of the world's largest firms are based in foreign nations. Even domestic Industrials are relying more on manufacturing outside of the US and are deriving a significant portion of their profits overseas. Given the vast market landscape and diverse geographic operations, it's vital to have a global perspective when investing in Industrials today.
This site features excerpts from Fisher Investments on Industrials, reprinted with courtesy of John Wiley & Sons. For more information on this book or the rest of the Fisher Investments on series of investing guides, please visit Fisher Investments Press.
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