One category that some portfolio managers avoid discussing, especially in the ESG (environmental, social, governance) era, is the so-called sin stocks. These are companies that sell tobacco, alcohol and marijuana products, run gambling casinos, or are sex-related industries or weapons manufacturers. While at the margin they may not all seem sinful, some money management companies refuse to own any of them.
We screened our 24/7 Wall St. research database for companies that fall into this rather dubious category and found five stocks that look like outstanding values.
This post originally appeared at 24/7 Wall St.