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Sunday, May 19, 2024

7 Tempting Sin Stocks to Buy for Promising Profits - InvestorPlace

Last updated Monday, February 6, 2023 21:05 ET , Source: NewsService

  • Though sometimes controversial, sin stocks to buy can also be quite effective.

Following a rough year, investors seeking positive returns might want to consider going a bit controversial with sin stocks. Understandably, with the political winds turning progressive, people nowadays turn a stink eye toward cynicism. Unfortunately, with few reliable opportunities available, the vice trades tend to be incredibly attractive.

Given the horrible events that occurred since the new normal, I’m not going to discuss certain topics on this list of sin stocks to buy: in particular, firearms and private-prison institutions. So, don’t worry – these ideas shouldn’t offend most people’s sensibilities.

At the same time, they push the needle a bit regarding the morality angle. If you don’t want to know, you don’t have to. However, for those thinking about enticing opportunities, these are the tempting sin stocks to buy for promising profits.

RICK RCI Hospitality $93.21
PM Philip Morris $101.81
MCD McDonald’s $267.92
STZ Constellation Brands $231.99
IIPR Innovative Industrial $91.99
FAT FAT Brands $7.48
CMPS COMPASS Pathways $10.25

RCI Hospitality (RICK)

Frankly, no discussion about sin stocks to buy rings complete without mentioning RCI Hospitality (NASDAQ:RICK). A company with a mundane brand identity, RCI specializes in exactly what it says, hospitality. It’s just that these folks take hospitality to a far greater magnitude. I’m not entirely sure I can say much more without...



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