- The IT sector is the best sector to invest in with an average return of investment of 18.1%
- The consumer discretionary sector comes in second with 15.3%
- The worst sector to invest in is communication services with 8.4% average return
IT is the best sector to invest in based on average returns, a new study reveals.
The study, conducted by InvestinGoal.com, analysed the consistency, reliability, and average returns of all sectors that the companies within the S&P 500 index are divided into to identify the most lucrative investment opportunities.
The IT sector comes in first place with an average return from 2010 to 2022 of 18.1%, the highest of the list. This sector comprises the category of stocks relating to the research, development, or distribution of technologically based goods and services.
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