Shell-shocked investors can be forgiven for wondering: Where do we go now? The economy's slowing, the political outlook is cloudy, and the bull market that turned the most casual stock-picker into King Midas is gone, gone, gone. Last year's winners are today's biggest losers. Tech stocks? Down 28.5% in 2000. Telecoms? Off 32.8%. The winners of 2000: utilities, health care, and finance. How dull can you get? Well, take heart. Markets will be looking up in 2001—provided you know where to look for gains. Fortunately, you're holding the road map in your hands. In the 70 pages of business week's annual Investment Outlook, you'll find overlooked opportunities for investors willing to brave today's challenging markets. We'll steer you toward industries you've ignored—and to bright spots in beaten-down sectors.
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