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Hypothetical question
If you believed that a recession is coming to New Zealand mid-year, which several of the following stocks would be worst hit?
CEN
FBU
KMD
KPG
SKC
SKT
SPK
STU
BTC went to $69K and now $16K. Good thing I’ve been warning you since it was $3K! I was right!
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I would think SKC.then FBU,KPG,KMD,STU,SKT ,CEN, and finally SPK.
KMD not further down the list as they are going gang busters in Aussie.
SPK last as I can not see people giving up their phones.
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I believe we are already in a recession...Well at least after looking at SM anyways.
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Originally Posted by hogie
SKC doesn't seem to get hit during recessions ... people go there to gamble in the hopes they will win big
Think you are right.
May pay to reverse my list.?..lol
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