Industrials correlate to GDP, and GDP is projected to be flat. Same goes with consumer products and volatility is too high in media. If you have capital to put to work, Tech appears to have the highest risk/return profile.
Phrased differently: if you had $10mil, where would you put it?
25% stocks, 25% bonds, 25% gold, 25% cash?
(That's literally what the "Fail-Safe Investing" book boils down to. http://en.wikipedia.org/wiki/Fail-Safe_Investing)
" It might seem that a Permanent Portfolio
containing these four contradictory investments would
be neutralized: As one element rose, another would fall
and nothing would be gained.
On a day-to-day basis, that can be true.
But over broad periods of time, the winning investments
add more value to the portfolio than the losing
investments take away."
This is utterly absurd and shows a complete misunderstanding of economic growth.