3 Stocks Taking Advantage of Stay-At-Home Culture
There is a lot of indecision in the stock market at this moment in time. Primarily due to the upcoming election that is only a couple of weeks away and the worsening of COVID-19.
Many traders and investors are choosing to sit on the sidelines based on the uncertainty of who will become the next president of the United States and how virus restrictions will keep on affecting the economy.
But, whether you think COVID will get worse or better in the short-term or if Trump or Biden will be victorious, trading action will still benefit from certain stay-at-home stocks and online retailers.
The stay-at-home climate is evolving into a stay-away-from-me environment. People are tired of staying inside their houses and are resorting to outside activities to entertain themselves. However, the more people limit their exposure to other individuals, the safer they are of not contracting the Coronavirus.
This redefines the new conditions we have found ourselves living in. The stay-at-home market is getting broader, creating opportunities in the stock market. It’s not just technology and vaccine stocks that are profiting from the pandemic. Other specific sectors are seeing new highs as people are starting to live their lives differently as we enter this new “normal” stay-at-home culture.
Watch the interview to see 3 stocks that have exploded in value from the new work-from-home environment.
As the world comes to grips with this new reality we find ourselves living in, technology needs to keep up. For example, cellular data network companies are increasing their broadband wireless service to every corner of the globe. This advancement will alleviate internet congestion in New York, make trading faster, increase cyber-security… Eventually, it will stop violence, prevent wars, and save lives.
This is just one of many advancements simultaneously being made… cures, treatments genetic modifications, energy generation, food technology, among others…
Click here to find out how you can participate in this human evolution and be an early investor to potentially make generational wealth.
Midas Letter is provided as a source of information only, and is in no way to be construed as investment advice. James West, the author and publisher of the Midas Letter, is not authorized to provide investor advice, and provides this information only to readers who are interested in knowing what he is investing in and how he reaches such decisions.
Investing in emerging public companies involves a high degree of risk and investors in such companies could lose all their money. Always consult a duly accredited investment professional in your jurisdiction prior to making any investment decision.
Midas Letter occasionally accepts fees for advertising and sponsorship from public companies featured on this site. James West and/or Midas Letter may also receive compensation from companies affiliated with companies featured on this site. James West and/or Midas Letter also invests in companies on this site and so readers should view all information on this site as biased.