There are a number of exciting industries to watch for in 2017 that look like strong contenders when it comes to investment opportunities. Some industries will obviously offer a bit more risk than others, but each has their merits. If you are looking for a new industry to invest in for the new year, and want to be sure you’re picking one that is in the middle of growth then you will want to read on.
Medical and Recreational Marijuana Industry
Here’s an investment opportunity that most people would never have considered just a few years ago. In 2017 the medical and recreational marijuana industry is definitely one to watch. If you are wondering how to invest in marijuana, it’s actually very easy.
Simply take a look at various marijuana stocks so you know what to invest in. Now as we said, some industries are a bit more risky than others. While this one may not be called “risky” there are rules to be aware of. The federal government as of right now still considers it illegal to operate this type of business. There are a handful of states though where it has been legalized. There is also plenty of talk that this could change in the near future as the new president comes into power.
Health Care
This industry is consistent in that for the last number of years it’s been a pretty safe bet that it’s worth investing in. In particular you want to look into things such as medical devices and the pharmaceutical industry. You will also want to look into companies overseas, as some of the biggest growth is coming out of Asia.
Technology Industry
Here’s another industry that is a bit more of a safe bet. Technology as a whole has been on the rise for many years now. Consumers just keep demanding more, with more features, and more applications, which means the industry has to keep on developing and expanding. Now with that said there is never a guarantee. Take for instance Samsung who is going through some rather “hard times” to say the least thanks to the many product recalls in the past year.
The Security Industry
Another big industry to look at is the security industry. This includes home and office security systems, software to help prevent identity theft/fraud, etc. There have been huge problems with keeping information safe and secure, as well as physical contents in buildings, so this industry saw the opening and walked through the door.
Building Materials that are Sustainable
Now this particular industry is an interesting one and really is a response to the depletion of natural resources around the world. The push for sustainable building materials has caused this industry to be an interesting one to invest in.
As far as investment opportunities go in 2017, there seems to be plenty of industries worth looking into with some very exciting stats. Whether you choose just one or you invest in a few, 2017 could be your year.
