The Motley Fool crew is no ship of fools. We're putting Mom first, and so should you. Check out all of the Fool's Mother's Day articles.
I consider myself the unofficial "Vice" Fool, as I cover the gaming industry, among others. It's my distinct honor, then, to talk about a few of those stocks that Mom may or may not approve of. Mind you, I'm not talking about businesses with dirty management or companies that could never make money; I'm talking about cash-generating businesses that appeal to adults in search of a little fun.
Let's sort through a few of the "sin" businesses and -- in honor of Mother's Day -- see if your Mom or mine would approve of such investments.
Companies such as Playboy Enterprises
The obvious name that comes to mind is Altria Group
Now we're talking. Motley Fool Inside Value pick Anheuser-Busch
Another option is Motley Fool Income Investor pick Diageo
The casino business is one of the hottest around. While the Las Vegas Strip continues to grow in popularity, gambling's Mecca has a new rival in China's Macau, located near Hong Kong. Last year, Macau surpassed the Las Vegas Strip as the world's largest gaming market, with $6.8 billion in gaming revenues, compared to $6.7 billion in gaming revenues for the Strip. Meanwhile, gaming capacity will nearly triple to over 60,000 gaming positions by the end of 2008. As a result, visitation is expected to nearly double to about 42 million visitors by 2010.
While my mother doesn't gamble, she does read the Chinese newspapers, and as such, she's constantly reading about the new casinos in Macau. As you can imagine, it didn't take much to get her excited about a few of these companies.
So my Mom might approve of some "sin" stocks, but there are investments out there that are more up Mom's alley. For more stock ideas, check out the rest of our Mother's Day series.
More sin stock Foolishness:
- Diageo: Drinking in the Profits
- The Ultimate Rule Maker: MGM Mirage
- Gaming Roundup: LVS, MGM Disappoint
- Gaming Roundup: Macau Continues to Roll
Anheuser-Busch is a Motley Fool Inside Value recommendation. Diageo is a Motley Fool Income Investor recommendation. Playboy is a Rule Breakers recommendation. Try any one of our investing services free for 30 days.