What are the industries of cyclical stocks?

Cyclical stocks are stocks that rise or fall with the cyclical fluctuations of the economy. When the overall economy rises, the prices of these stocks also rise rapidly. When the overall economy goes downhill, the prices of these stocks also fall, so what industries are there for cyclical stocks?

What are the industries of cyclical stocks?

Cyclical industries are divided into consumption cyclical industries and industrial cyclical industries. Industries with cyclical consumption include real estate, banking, securities, insurance, automobiles and aviation. Consumer cyclical industry has the characteristics of both cyclical industry and consumer industry. Industrial cyclical industries include nonferrous metals, steel, chemicals, cement, electricity, coal, petrochemical, construction machinery, ships and equipment manufacturing.

It should be noted that you can't simply buy related stocks according to the cycle, but you should take fundamentals as the trading standard according to the company's position in related industries, five-year profit record and the company's financial situation. We must ensure that the company can survive and recover when the economy picks up, otherwise it will easily get into trouble.

The above is the introduction of "what industries are cyclical stocks", I hope it will help you.