Investors can bet on these stocks to capitalize on the recovery, Jefferies says

A worker wears a mask at the Boeing Renton Factory, where 737 MAX airliners are manufactured, as commercial airplane production resumes following a suspension of operations last month in response to the coronavirus pandemic as efforts continue to help slow the spread of the coronavirus disease in Renton, Washington, April 21, 2020.With several recent reads on the economy beating expectations, analysts at Jefferies compiled a group of stocks that would benefit from a quicker economic recovery.

The analysts said in a note to clients that they are not expecting these companies to snap back to normal this fall but instead think they could see strong growth in the years ahead. "This selection of stocks represents industries that have been hardest hit by the pandemic and whose performance has significantly lagged the broader market. For these stocks, we see the potential for significant upside vs expectations through '22 and beyond," the note said.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Two of the most-hated stocks on Wall Street could be best recovery plays, traders sayShort traders are throwing cold water on hopes of a bump-free return to normalcy with consumer and travel stocks among those with the highest short interest. Two traders see opportunity in some of these unloved stocks. TradingNation Njah! Riding with Electrolux here. TradingNation Let's Walmart
Source: CNBC - 🏆 12. / 72 Read more »

The stock market is too optimistic about a quick economic recoveryOPINION: Everyone wants a quick V-shaped economic recovery from the global pandemic. That's not going to happen. The likeliest winners of our gradual recovery will be patient, long-term investors willing to ride the waves. GeneralStrike Willing is not the criteria. You need to be financially capable of 'ride the waves'. It's already happening, many in the the doom and gloom crowd are very upset and almost bankrupt from shorting this great rally. Good!
Source: MarketWatch - 🏆 3. / 97 Read more »