By Brian M. Reiser It may not be great to have too many vices. But it sure feels good to profit off of them. Enter: sin stocks.
In the following, I will define what sin stocks are, look at the various sectors under which they fall and take stock of some important ones to watch.
What Are Sin Stocks?
A sin stock is a share of any publicly traded company whose primary business activities are often considered unethical or immoral. For example, many people consider tobacco stocks unethical because firms like Altria (NYSE: MO) directly profit off of people smoking. Smoking, of course, is bad for a …read more
