## The Top Industries to Invest in 2017
With the global economy on the upswing, investors are looking for industries that are poised for growth in 2017. Here are a few of the top industries to consider:
### 1. Technology
The technology industry is always a good bet for investors, as it is constantly evolving and innovating. Some of the most promising areas to invest in within the tech sector include:
* **Artificial intelligence (AI)**. AI is a rapidly growing field that has the potential to revolutionize many industries, from healthcare to manufacturing.
* **Cybersecurity**. With the increasing number of cyberattacks, businesses are investing heavily in cybersecurity measures.
* **Cloud computing**. Cloud computing is a growing trend that allows businesses to access software and data over the internet, rather than having to store it on their own servers.
* **Fintech**. Fintech is a term used to describe financial technology, which is a rapidly growing field that is revolutionizing the way we bank, invest, and manage our money.
### 2. Healthcare
The healthcare industry is another good bet for investors, as it is a growing industry with a high demand for new products and services. Some of the most promising areas to invest in within the healthcare sector include:
* **Biotechnology**. Biotechnology is a rapidly growing field that is developing new drugs and treatments for diseases, such as cancer and Alzheimer’s disease.
* **Medical devices**. Medical devices are used to diagnose, treat, and prevent diseases and injuries.
* **Healthcare IT**. Healthcare IT is a growing field that is developing new ways to manage patient data and improve the efficiency of healthcare delivery.
### 3. Industrials
The industrials sector includes companies that manufacture and sell a wide range of products and services, such as chemicals, machinery, and construction materials. Some of the most promising areas to invest in within the industrials sector include:
* **Aerospace and defense**. The aerospace and defense industry is a growing industry that is driven by the increasing demand for air travel and the need for national security.
* **Chemicals**. The chemical industry is a diverse industry that produces a wide range of products, such as plastics, fertilizers, and pharmaceuticals.
* **Machinery**. The machinery industry produces a wide range of machinery, such as construction equipment, mining equipment, and agricultural equipment.
### 4. Consumer Discretionary
The consumer discretionary sector includes companies that sell products and services that are not essential, such as clothing, entertainment, and restaurants. Some of the most promising areas to invest in within the consumer discretionary sector include:
* **Retail**. The retail industry is a large and diverse industry that includes a wide range of stores, from department stores to online retailers.
* **Apparel**. The apparel industry is a growing industry that is driven by the increasing demand for clothing and accessories.
* **Entertainment**. The entertainment industry includes a wide range of businesses, such as movie studios, television networks, and theme parks.
### 5. Consumer Staples
The consumer staples sector includes companies that sell products and services that are essential, such as food, beverages, and personal care products. Some of the most promising areas to invest in within the consumer staples sector include:
* **Food and beverage**. The food and beverage industry is a large and diverse industry that includes a wide range of companies, from grocery stores to restaurants.
* **Household products**. The household products industry produces a wide range of products, such as cleaning supplies, paper products, and cosmetics.
* **Personal care products**. The personal care products industry produces a wide range of health and beauty products, such as shampoo, soap, and deodorant.
### 6. Energy
The energy sector includes companies that produce, transport, and sell energy, such as oil, gas, and electricity. Some of the most promising areas to invest in within the energy sector include:
* **Oil and gas**. The oil and gas industry is a large and diverse industry that includes a wide range of companies, from oil exploration companies to gas pipeline companies.
* **Renewable energy**. The renewable energy industry is a growing industry that is driven by the increasing demand for clean energy sources.
* **Utilities**. The utilities industry includes companies that provide electricity, gas, and water to homes and businesses.
### 7. Financials
The financials sector includes companies that provide financial services, such as banking, lending, and investing. Some of the most promising areas to invest in within the financials sector include:
* **Banks**. Banks are a major part of the financial system, and they provide a wide range of financial services, such as checking and savings accounts, loans, and investment products.
* **Insurance**. The insurance industry is a large and diverse industry that provides a wide range of insurance products, such as health insurance, life insurance, and property insurance.
* **Financial services**. The financial services industry includes a wide range of companies, such as investment banks, asset managers, and hedge funds.
### How to Invest in These Industries
There are a number of ways to invest in the industries listed above, including:
* **Buying stocks of companies in the industry**. This is the most direct way to invest in an industry, and it gives you the opportunity to share in the company’s profits and growth.
* **Buying exchange-traded funds (ETFs) that track the industry**. ETFs are baskets of stocks that track a specific index or market sector, such as the technology sector or the consumer staples sector.
* **Investing in mutual funds that invest in the industry**. Mutual funds are professionally managed investment funds that invest in a mix of stocks and bonds. There are a number of mutual funds that focus on specific industries, such as the technology industry or the healthcare industry.
### Conclusion
The industries listed above are just a few of the many industries that are poised for growth in 2017. By investing in these industries, you can position yourself to take advantage of the global economic upswing.