Stock Picks: Recovery Stock Is Ready To Explode
- The Money Trade
- Mar 16, 2021
- 1 min read
I've been saying for some time now that citizens of this country is not about to go through another year of a pandemic shut down. It's just not about to happen.
Far as business goes it has been a tumultuous time for certain industries during the pandemic. The SBA PPP Program by the government did help some businesses by assisting with payroll and health benefits, and in some cases the loan doesn't have to be paid back. Certain programs were able help businesses at least keep their doors open.
Recovery Stocks are something we can take a look at considering reports were made on how these companies have had an explosion in bookings. Recovery Stocks are all about getting back to things we enjoy in life. This is a good to look companies relevant to vacations and traveling. Airlines are good example, plus, cruise lines are waiting for the ok from the CDC, which people have already made bookings like crazy.
Lodging is another area we can take a look at, while AirBNB would be a good choice for portfolios. AirBNB is new to the market, but as of now the company doesn't have much competition. Casinos, Resorts, Amusement, are just the tip of the hat for recovery. Members, this is short term, though a few of these companies has good value and will continue to grow.
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