A Grab Bag of Post-Corona Stock Picks
It’s our last chance to pivot portfolio positions from pre-corona, mid-corona, to post-corona. We’re set to see consumer habits interrupted as companies take onboard government guidelines and lifestyle changes meant to bridge us over to normality.
The Invstr community has banged heads with Morgan Stanley’s analysts in sifting through the stock market’s would-be winners and losers from these changes, so here are some of the investment ideas going around as we enter 2H20.
For starters, the pandemic has given rise to stress eating, an indoor trapping. WeightWatchers, a diet dealer, and Peloton Interactive, which sells high-end home workout machines, could benefit as consumers look to work off the weight.
There’s also a newfound interest in permanent working from home, although some think it sounds faddish. If companies do unshackle from expensive real estate, office landlords like Allied Properties and Land Securities will suffer while the savings are spent on staff surveillance. Superfast broadband will become a must from providers like Ciena.
The other big unknown is how diners and pub-goers will fare under social distancing rules. If not well, we could be in for a blow-out summer next year to celebrate fully moving past coronavirus. This is also when the Euros and Tokyo Olympics have been rescheduled, so alcohol brands like Diageo could be your long-term picks.
In sum, most standout bargain stocks during the pandemic have been picked over, and now we need to get more selective. There’s still stuff out there, and you can’t lose as a long-term investor buying cheap on short-term social distancing challenges.
Take a swing!