). To him, the growth of these companies looks primed to accelerate as electronic payments and cloud computing become even more integral to economic function.
But those aren't the only places Plumb is seeing opportunities in the market. He has his eyes on two stocks in particular that look like buys."I think it's a company that has incredible dynamics behind it," he said. "For those who don't know, their main product right now is a thing called Cologuard. And when we look at the pandemic, their competition is basically colonoscopies — and those are discretionary. They can be delayed.
Plumb added: "So we think the dynamics behind this company are still very strong. It's a take-at-home test with incredible accuracy. And besides that, they have a very attractive pipeline of other products that are going to be identifying cancers — different types of cancers. So we think that's definitely a buy.""It's the premier defense electronics firm merged with the second largest company making airplane engines," he said.
Plumb continued: "This company is going to participate in any recovery because they make a lot of the jet engines for both Boeing and Airbus. So, I think it's a buy."Disclosure: TD Ameritrade is a partner of Insider, Inc.'s business development team, which is separate from its editorial department. We may receive a commission if you open an account.
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