This article was originally posted here
There is a feeding frenzy over pandemic stocks. These are health care and technology companies that offer solutions for the current crisis.
Zoom Video Communications Inc. (Nasdaq: ZM) offers an easy-to-use video platform for people during the lockdown. And the stock more than doubled from where it started this year … before crashing back down.
The fast-growing tech company is now facing backlash over security concerns.
Many of these highfliers will face similar issues. Once-promising medications may prove less effective than thought. Or demand could drop off once the outbreak is contained.
But there is another group of essential stocks that investors are overlooking.
These are companies that run the most basic services. And no matter where people work or how the economy performs, demand will hold up. We can’t live without them.
ESSENTIAL STOCKS
Last August, I told readers about a group of stocks that were beating the S&P 500 Index. These stocks returned twice what the S&P 500 did.
But they are so obvious that investors overlook them every single day. These essential stocks provide the electricity, internet and cell service we use daily. They even clean up after us.
Here’s the original list I used as an example:
- The Progressive Corp. (NYSE: PGR) for insurance.
- NextEra Energy Inc. (NYSE: NEE) for power.
- Waste Management Inc. (NYSE: WM) for disposal.
- Comcast Corp. (Nasdaq: CMCSA) for internet.
- AT&T Inc. (NYSE: T) for phone services.
These names may look different depending on where you live and which service you choose. But as a customer, you’ve already done half of your research. You know the quality of the product.
The next step is just checking the balance sheet or the last quarterly filing.
With markets in a panic, these essential services offer a great safe haven. But many of these stocks are trading at better values after the crash. That means it is a great time to add them to your portfolio.
This weekend, flip through your bills to see which services you can’t live without — and buy them up while they’re cheap!
Editor's Note:
$10 AI Stock Set to Soar
The audience sat in stunned silence.
That’s because tech expert Paul Mampilly ripped away the curtain on a new technology that experts are calling “one of the most significant discoveries since fire” and “the last innovation we’ll EVER need.”
When Paul Mampilly delivers a presentation recommending a specific stock, it pays to listen.
The last three times he did this, the stocks saw peak gains of 300%, 125% and 524%. But as Paul made perfectly clear in his live “Tech Talk,” this innovation is bigger — much bigger — and those who get in during these early stages could amass a fortune greater than anything we’ve seen in human history.
I’ve attached a link for you to watch his presentation here.
During this presentation, Paul will reveal why this emerging tech industry is expected to surge from a $20 billion market to $15.7 trillion — a 76,000% increase.
He’ll demonstrate exactly why the world’s biggest businesses are reinventing their entire businesses to become the world leader in this tech.
And most importantly of all, he’ll reveal the little-known Midwestern company at the forefront of it all — and why the highest paid money manager on Wall Street has dumped nearly 20% of his entire portfolio into this ONE stock.
Never one to mince words, Paul says that buying this company now, while this technology is still in the early stages, could set you up for a multimillion dollar windfall in the years ahead.
But you need to act fast.
This industry is poised to go parabolic, and if you wait, you could miss out on the biggest money-making opportunity since the birth of the internet.
Click here for full details.
