3 Most Profitable Industries in America in 2020

Below you can see our list of the 3 most profitable industries in America in 2020. For a more comprehensive list please see this article.

3. Drugs (Pharmaceutical)

As I mentioned earlier, the US doesn’t regulate drug prices which is why companies can jack up the prices to insane amounts without any repercussions and ensure maximum profits.

Countries with Lowest Abortion Rates in the World in 2018

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2. Computers / Peripherals

Now that work from home is a reality for tens of millions of people around the world, computers and their accessories are as essential as food, and will probably drive further growth during the pandemic. iShares U.S. Technology ETF (NYSEARCA: IYW) is among the multiple iShares ETFs tracking the industry.

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1. Software (Systems and Application)

Topping the list of the most profitable companies in America in 2020 is the software industry, the industry which has allowed Bill Gates to become a centa-billionaire, and the industry without which all the fancy hardware on our computers would be absolutely useless. iShares Expanded Tech-Software Sector ETF (BATS: IGV) is tracking this industry.

See also 10 Most Profitable Companies in America in 2020 and 10 Most Profitable Companies in the World in 2020

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