Guns, Booze, And Gambling Stocks Are Crushing ESG In Trump's America
Written by Emily J. Thompson, Senior Investment Analyst
Source: Benzinga
Performance of Sin Stocks vs. ESG: In the first six months of President Trump's second term, "sin stocks" related to alcohol, tobacco, and gambling have significantly outperformed ESG-focused investments, with the USA Mutuals Vice Fund rising 16.4% compared to just 3.5% for the Vanguard ESG U.S. Stock ETF.
Investor Trends and Market Dynamics: The shift towards sin stocks reflects a broader investor trend favoring industries benefiting from deregulation and geopolitical tensions, while traditional ESG stocks struggle despite including strong tech companies in their portfolios.
Analyst Views on ITA
Wall Street analysts forecast ITA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ITA is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 235.820
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Current: 235.820
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
