“The stock market is a device to transfer money from the impatient to the patient.”Warren Buffett
What is Everlasting Sectors ?
Something that's everlasting is eternal; it lasts forever, or seems like it does.
Healthcare
The need for healthcare services and products will always exist as long as humans do. Major subsectors like pharmaceuticals, medical devices, and healthcare facilities can provide stable long-term growth.
Consumer staples
Things like food, beverages, household goods and personal care items will always be in demand regardless of economic conditions. Companies in this sector tend to have steady earnings and pay dividends.
Utilities
Electricity, gas, water and other utilities are necessities that people cannot live without. Utility stocks provide income from consistent demand and dividends.
Information technology
Technology will continue evolving and expanding into more aspects of business and daily life. Companies providing essential tech infrastructure and services have durable growth potential.
Financials
Banks, insurance providers and other financial services will always be required for facilitating transactions and managing money. Though cyclical, the financial sector adapts and persists through all economic environments.