Many sectors were hit hard by the COVID-19 pandemic…
But the tables are finally turning. And since the stock market is a forward-looking mechanism that prices things in ahead of time, these back-to-normal stocks are ready to roll.
So in today’s video, I thought I’d discuss four back-to-normal stocks on my radar that you can add to your watchlist, too!
And I anticipate sentiment for these stocks will only continue to drive their prices higher over the next few quarters…
Before we jump feet first into today’s analysis, I have something extremely important you need to understand.
I’m finding that the weakest stocks in the S&P 500 right now were at the top about a year ago.
Do you guys remember Domino’s Pizza Inc. (NYSE: DPZ)? Domino’s was one of those stocks we discussed back in October. The stock had a big rally and did well
But lo and behold, all of these kinds of stocks are now in the toilet, down 13% the past month or so.
So the questions I have for you are: Has anything really changed fundamentally? Is Domino’s making dramatically less money now than it was a year ago? Are earnings driving the stock to be the fourth weakest stock in the S&P?
Of course not!
Nothing has dramatically changed for stocks like Domino’s aside from sentiment.
It seems like the market and the world are finally starting to discount the COVID-19 pandemic and look ahead to these back-to-normal stocks.
So check out my short video below to reveal the four back-to-normal stocks you should add to your watchlist right now, and be sure to share your thoughts in the comments section below.
And as always, don’t forget to subscribe to my YouTube channel if you haven’t already so you can be notified as soon as I post my next video!
P.S. What do an 83% stock price dip, dividend cuts and a mountain of debt have in common?
They were all bad news headlines about Apache Corp. in April 2020.
So with those awful headlines, how did ex-hedge fund manager Lance Ippolito know to buy in at that time…
And walk away with a 157% return just over a month later?