Industries such as energy, telecom, railway and a few others have a small number of major customers.
In 2010 the new government implemented a number of changes including cutting business and personal income taxes, but imposed crisis taxes on financial institutions, energy and telecom companies, and retailers.
Choosing stocks from both sectors I think enables a portfolio to deliver good returns in a wider variety of future scenarios that if you invested solely in energy or telecom stocks.
Looking over the list one thing becomes immediately clear: capital-intensive industries like telecom and energy are still spending.
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Its already hit the airline business and will soon transform telecom and energy.
As my colleague Dolia Estevez reported, the telecom bill is part of a larger set of economic reforms the new administration is crafting in education, telecom and energy.
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There would be about 150 infrastructure improvements to enhance transportation, energy, water, and telecom networks.
As I see it, the potential for capital appreciation is not as great for telecom stocks compared to energy stocks.
Carlos Slim Helu of Mexico, the industrial titan whose holdings span telecom, banking, energy, tobacco and more, has built unimaginable wealth in one of the poorer countries in the Western Hemisphere.
The sectors are the usual suspects: energy, financials, basic materials, telecom and so on.
In addition to energy, the gurus were also busy shopping in the telecom space.
ENI, an energy conglomerate, at the end of June, and Telecom Italia attracted about 2m applicants when it was privatised last year.
Property, energy, oil, power stations, highways, retail, even telecom are doing well.
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