Spending for the lovers' holiday this year is expected to climb 5.8% over 2009, and that spells opportunity for investors. Here are some greeting card, candy, jewelry, flower and restaurant stocks that could get a lift from sweethearts looking for that special something.
Retailers should be swooning this year: Spending for the lover's holiday is forecast to top $18.6 billion, a 5.8% jump in spending over 2010. That amounts to about $125 per person who buys a gift for that special someone.
After the long downturn, the coming year will be an opportunity for many industries to rejuvenate themselves. Independent researcher IBISWorld sorted through data on 711 U.S.-based industries to come up with these predictions of the 10 best.
IBISWorld Research has uncovered five industries that managed to stay extremely profitable during 2010 -- and these industries are their picks to be the most profitable for the next three years. Investors could boost their portfolios by focusing on them.
IBISWorld Research has identified four unfortunate industries that will likely be mired in recession-like conditions over the next three years. It's not a good time to be hog farmer or a postmaster.
