We’ve been dealing with the pandemic for over a year now. With more stimulus and vaccine options on the way, now is as good a time as any to share some stocks to target for reopening.
We’ve spent a lot of time talking about inflation and what we’re seeing in big-name stocks.
And even though we’ve had some good trades, the market has been a little erratic. The best day the stock market has seen recently was on the heels of new vaccine news from Johnson & Johnson (NYSE: JNJ).
But now, as many in the U.S. expect another stimulus check, we’re also looking to reopen. And Wall Street is already pricing in some stocks to target for reopening.
Travel stocks are getting hot, people are feeling more comfortable going out — even gentlemen’s club stocks are trending upward…
Yes, you can buy stock in strip clubs… like RCI Hospitality Holdings Inc. (Nasdaq: RICK).
People are getting ready to go out and spend that new stimulus money. But the stock market isn’t exactly the place to make it rain.
So where should you put it?
Enjoy Being Lockdown-Free With These Stocks To Target for Reopening
The reopening play has had an interesting impact on the stock market. Travel stocks are going up, but you shouldn’t invest in a travel stock just because…
One of our favorite names, PayPal Holdings Inc. (Nasdaq: PYPL), is taking a hit. The world opening up doesn’t mean people are going to stop “Venmoing” each other for everything — and PayPal is getting a piece of that.
The moral of the story is: Don’t forget that certain tech stocks aren’t going away. Companies are still going to use Zoom Video Communications Inc. (Nasdaq: ZM) — another stock taking a hit in America’s reopening.
Be smart with your money as we open back up.
With that being said, we’re seeing some movement in companies we haven’t talked about in a year. So check out our video below to see some of our favorite stocks to target for reopening.
As always, feel free to email your trading questions to jeff@joyofthetrade.com, and make sure to stay ahead of the markets by subscribing to our YouTube channel.
P.S. This emmy-nominated journalist was sent a secret list from a former Wall Street analyst.
It contains a controversial truth about some of the richest CEOs and executives… About what they’re legally allowed to do to their own stock price.
You probably haven’t heard anything about this… because all this activity is done “behind closed doors.”
But if you look away from the stock market — and toward this “secret sector” instead — you can spot this quasi-legal activity up to 48 hours before the elites profit from their own moves.
And the Wall Street analyst who put this list together is pulling back the corporate veil on this shocking truth at 1 p.m. EST this Thursday.