These carefully selected stocks represent the unsung heroes behind billion-dollar vice industries. Rather than betting on consumer-facing brands, our expert analysts have identified the essential B2B companies that provide critical infrastructure, technology, and services that make these markets possible.
These companies provide essential infrastructure to vice industries without selling the end products themselves. This strategic position may offer growth potential with potentially less direct regulatory scrutiny.
As more regions legalize sports betting and cannabis, these B2B suppliers are positioned to expand into each new market. You're investing in the companies that will service every new entrant in these growing industries.
Like selling tools to gold miners instead of mining gold yourself, these companies profit by providing essential services to vice industries. This time-tested approach targets the infrastructure of high-growth markets.
We've applied the classic "picks and shovels" investment strategy to vice industries. Instead of investing directly in casinos or cannabis products, these stocks represent the vital technology providers, equipment suppliers, and service companies that power these resilient markets behind the scenes.
These companies benefit from vice industry growth while potentially facing fewer direct regulatory hurdles and social pressures than consumer brands. They provide essential infrastructure that remains necessary regardless of which end-product brands dominate their respective markets.
Our analysts selected these companies because they provide indispensable tools and services for expanding markets like online gambling and regulated cannabis. They stand to benefit from continuing waves of legalization that unlock new regions and revenue streams for these foundational businesses.
Summary and investor takeaways for the Vice-Adjacent Economy basket based on provided market capitalisation breakdown.
IGT: $3.19B
MAPS: $163.51M
GAMB: $273.76M
Get the full story on this Basket. Read our detailed article on its risks and potential.
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Part of Exinity Group 2015, serving over a million customers globally.
Earn 6% AER on uninvested cash with daily interest payments.
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SK Hynix has unveiled a record-breaking 40 trillion won share buyback fueled by soaring demand for its AI memory chips. This historic capital return creates a compelling investment theme centered on high-bandwidth memory producers and the specialized equipment manufacturers that enable their advanced production.
Home Depot's recent earnings beat highlights consistent consumer spending on smaller household repair and maintenance projects. This ongoing trend presents promising opportunities for various home improvement retailers and building material suppliers.
BHP Group recently posted a massive earnings beat driven by record copper profitability, allowing the miner to raise its dividend to a four-year high. This performance highlights a structural shift toward electrification metals, creating opportunities for industrial equipment suppliers and competing copper producers.
Here are a few of the assets in this group. Create an account to unlock the full list.
On average, analysts expect assets in this group to grow 77.56% over the next year.
7 of 12 assets in this group are rated Buy by professional analysts.
Use the growth calculator to see how much investing in these assets could return over one year, based on aggregated analyst sentiment provided by Refinitive Ltd.
If you invested across these assets:
In 12 months it might be worth:
+77.56%
