In this prolonged era of growth-stock dominance, cyclical stocks seem antiquated and passé. Why own something that is highly volatile, subject to the vagaries of an unpredictable economy, and offers no true sustainable long-term growth story? Particularly when there are FANGS available that are painting the future of society and the economy. FANG-style stocks are also much steadier, significantly less connected with economic cyclicality, and offer sexy future growth. When I put it that way, I too am having a hard time being convinced to buy a cyclical stock?
Nov 04 2021