5 Stocks That Are Thriving During The Coronavirus Pandemic

Seeing these stock prices spike following the market downturn might seem like an exciting opportunity to get in on the action. However, just because a stock is performing well now doesn’t mean it’s a quality investment.

It’s important to consider what will happen when lockdown orders are lifted. Are these companies dependent on the current situation to thrive, or are they serving a need that will exist when we return to some semblance of normality? Have stock values reached their peak, which would mean buying high and at inflated prices, or are they projected to continue growing for years to come? Choosing the right stocks to add to your portfolio depends on much more than what’s happening right now.

That said, if you want to research potential investments that are outperforming the overall market or even growing during the pandemic, O’Shea recommended using a stock screener to compare the performance of various companies to a benchmark like the S&P 500. And keep in mind how stocks fit into your overall financial plan. “In general, it’s best to keep individual stocks to 10% of your portfolio or less; the rest should be invested in low-cost index funds that allow you to diversify your portfolio across all sectors of the stock market, not just one industry or company,” O’Shea said.

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‘Stocks are overvalued’: Wall Street heavyweights sound the alarm about marketsLegendary investors Stan Druckenmiller and David Tepper the latest to weigh in, saying risk-reward of holding shares worst they’ve seen in years We will likely need outside the box strategies to bring the market & economy back. Even better is building the sustainable economy while doing so. Current “overvalued” prices have nothing to do with them? Just how “heavy” are they really? Meanwhile they have all the mechanisms ready to profit from the fall after “light” weights jump on their words. 🤑🤑 Yada yada yada. One says they are over priced, one says they are not. One will be a hero depending on what happens next. Neither has any real idea.
Источник: nationalpost - 🏆 10. / 80 Прочитайте больше »