Companies you hate with stocks you can love

There will always be companies that some people hate. The negative goodwill could result from the company’s underlying business, which is often the case with tobacco or firearm companies, or it could simply be a result of not liking the business or feeling that the company has violated its trust with its customers/users.

Whatever the reason, there is a great chance that there are some companies out there that you just simply cannot stand. This is normal, and while it is easy to put ethical restrictions on the securities you buy, sometimes you have to separate your feelings and realize that there are some companies you absolutely hate that have stocks you can love.

Take for example tobacco stocks. Tobacco is a leading killer, with most people either being directly impacted, or had close friends that were impacted in a majorly negative way. Tobacco companies for years denied their products had the addictive and harmful effects that they obviously did, so a lot of investors completely disregard the sector when looking for investments. Tobacco companies understand this, which is why they tend to have dividend programs that are almost too good to be true, and provide investors a tangible reason to love their stocks.

Tobacoo is just one example, whether its birth control, guns, military, gambling (just to name a few), there are sectors out there that fall into the “sin stock” category, which a lot of investors avoid.

For some investors, the ethical barrier to enter the above sectors proves too great to overcome, but for those investors that are willing to put their ethical objections aside, and look for stocks with a lot of potential, here are five companies you can hate while still loving their stock.

Symbols: FB LMT MO STZ WYNN
Michael Fowlkes

Michael Fowlkes

Michael Fowlkes is a financial writer who has been with the Fresh Brewed Media family since 2004. Over the course of his tenure with Fresh Brewed Media, he has worn many hats, including portfolio manager, options analyst, and writer. Michael received his undergraduate degree from Virginia Tech in Accounting and got his start in finance working as a stock trader for six years at Chase Investment Counsel in Charlottesville, Va.

You May Also Like