I'm going into working with the stock market… looking over stocks I have seen that banks have been most dependable with their market cap. what is your opinion? Are they a dependable stock or is there something better?
Unfortunately, the answer is probably Tobacco .
US Tobacco was the most profitable public company of the 20th century. It had a near monopoly on smokeless tobacco. With inelastic demand, monopoly pricing, extremely low costs and an addicted customer base, they made enormous amounts of money. They were not as exposed to anti-tobacco litigation, though have recently had some anti-trust problems.
This company is what the cocaine cartels would look like if we could see their books.