Map of the Market 2008
The figure below is the Map of the Market for 2008. Winners are shown in green while losers are in black.
As we can see there are a few winners in an otherwise bad year:
- biotech stocks like Genentech and Amgen are up for the year (why?)
- Discounters like Walmart, McDonalds, Family Dollar Stores are up, along with other money savers like Autozone.
- Large consumer conglomerates like Exxon and Johnson and Johnson are also holding ground.
2009 will be an interesting year indeed.