FULL ARTICLE: https://midasletter.com/2020/10/3-stocks-taking-advantage-of-stay-at-home-culture/
There is a lot of indecision in the stock market at this moment in time. Primarily due to the upcoming election that is only a couple of weeks away and the worsening of COVID-19.
Many traders and investors are choosing to sit on the sidelines based on the uncertainty of who will become the next president of the United States and how virus restrictions will keep on affecting the economy.
But, whether you think COVID will get worse or better in the short-term or if Trump or Biden will be victorious, trading action will still benefit from certain stay-at-home stocks and online retailers.
The stay-at-home climate is evolving into a stay-away-from-me environment. People are tired of staying inside their houses and are resorting to outside activities to entertain themselves. However, the more people limit their exposure to other individuals, the safer they are of not contracting the Coronavirus.
This redefines the new conditions we have found ourselves living in. The stay-at-home market is getting broader, creating opportunities in the stock market. It’s not just technology and vaccine stocks that are profiting from the pandemic. Other specific sectors are seeing new highs as people are starting to live their lives differently as we enter this new “normal” stay-at-home culture.
Watch the full interview to see 3 stocks that have exploded in value from the new work-from-home environment.
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