Some stocks to consider if you believe a company will come up with a “cure” are ones that are good companies that have been beaten down. Stocks that have lost 50% or more of their value, yet are still good companies will come back if things get back to normal. Note if you believe things are going to go to hell overall in America as Max and Monet are talking about, the market is not the place to be. They certainly make good points though and I certainly will be ready for that eventuality as well. And for the vast majority of investors, a simple market index fund is always your best bet as stats show 80-90% of individual investors don’t beat the index averages. After all, not everyone is MDawg and most end up like Dark Oz. The best mutual fund company out there in my opinion is Vanguard. Low fees and a large selection of index funds and managed funds.
As earnings are coming in for Q2 2020 you are seeing how Government decisions helped companies that were allowed to stay open. Target, Walmart, Lowe’s, Home Depot and others are reporting record earnings. So if you want to gamble on companies that have been hurt by this and willing to stick it out, I love travel and travel related stocks. Here are a few that are worth looking at if you have a well diversified portfolio and can take some risk.
Boeing (BA) They had the double whammy of the Max issue and loss of orders. But they are a stable company that will bounce back when (and if) things get back to normal. Selling at less than 50% of its high.
American Airlines, United, Southwest. Pick your favorite if you believe travel will come back.
Cruise lines like Carnival, Royal Caribbean, Norwegian. Same deal as the airlines. Well off their CV lows but still less than 50% of highs.
Retailers. Tough category because of the dominance of Amazon but there are a few I like including Ulta. It has done better than many during this with limited store openings. I love the stock long term as it hasn’t been affected by Amazon as it’s female customer face likes to go into the stores.
All of these stocks are CV affected and will continue to be, but have huge potential if a “cure” or vaccine is found. And unlike Darky betting it all on one stock, these win regardless of which company finds the cure.
Note I hold stock in many of these because I believe in them but they are not for everyone. And still believe as I said above, index funds are way to go for most. Not as sexy, but have always been great long term.
https://investor.vanguard.com/invest...tment-products