Raymond James says buy these 12 ‘center of the storm’ stocks that are set to rebound as the economy reopens – including 6 that can outperform the SP 500 in the coming months
Summary List Placement This past year has been a wild ride for the stock market. And it is mostly due to the pandemic that has caused sharp market movements, double-digit gains in some stocks, and an increase in retail trading. While the entire market was impacted by the pandemic, stocks in industries like restaurants, retail, commercial real estate, and airlines weren't as lucky as the tech names that saw their prices soar to record highs and into bubble territory . As a matter of fact, shares of renowned names like Apple and Amazon saw increases of up to 70% in their share prices in 2020. Tesla 's stock went up 740% that same year. But as many continue to crowd into the tech sector, it opens up an opportunity to invest in some of the unloved sectors that are primed to rebound this year. With the increasing prospect of the economy reopening this year on the back of two immensely effective vaccines and one offering good protection, stocks in the airline and REITs sectors have the potential to make a comeback and rise.
Raymond James says buy these 12 ‘center of the storm’ stocks that are set to rebound as the economy reopens – including 6 that can outperform the SP 500 in the coming months
Summary List Placement This past year has been a wild ride for the stock market. And it is mostly due to the pandemic that has caused sharp market movements, double-digit gains in some stocks, and an increase in retail trading. While the entire market was impacted by the pandemic, stocks in industries like restaurants, retail, commercial real estate, and airlines weren't as lucky as the tech names that saw their prices soar to record highs and into bubble territory . As a matter of fact, shares of renowned names like Apple and Amazon saw increases of up to 70% in their share prices in 2020. Tesla 's stock went up 740% that same year. But as many continue to crowd into the tech sector, it opens up an opportunity to invest in some of the unloved sectors that are primed to rebound this year. With the increasing prospect of the economy reopening this year on the back of two immensely effective vaccines and one offering good protection, stocks in the airline and REITs sectors have the potential to make a comeback and rise.