2017 was a strong year for stocks, but some sectors were more rewarding for investors than others. Denise Chisholm, Sector Strategist at Fidelity, joins us to explain which sectors could be ready to break out in 2018.
Chisholm points to data suggesting we may be in the early stages of an extended profit recovery. She says this supports a pro-cyclical environment, which would benefit sectors such as financials, industrials, and technology. On the flip side, Chisholm adds that more stable sectors such as utilities and telecom tend to underperform.