stocks you think will blow up after COVID
I don't want to use the term shitstocks like shitcoins because shitcoins have no fundamental value and are only made to generate money.
I'm curious as to what the MPGH community has invested in (whether it may be short or long term) and why so. Over the course of the past 4 years, certain big stocks have increased as much as 5x (Microsoft $50 -> $200, Apple $20 -> $100, Tesla $40 -> $400, Netflix $80 -> $500, Amazon $500 -> $3000). With coronavirus's impact on the economy and just the dynamic of business, what do you guys think is smart to invest in right now?
In my opinion (and everything in this thread is strictly opinion of nobodies and should not be taken seriously as financial advice) I'm looking at cannabis stocks. Cannabis industry is at an all-time low during COVID and stock like HEXO ($0.60) and APHA ($5.00) are expected to turn a profit next quarter. The issue with cannabis is that they grossly overestimated demand for legal weed (illegal weed is still much cheaper than legal weed in most places) but I think that the market would be prime after COVID.
Cruise lines in specific have also not recovered from COVID yet. Carnival and Norwegian have announced they're cancelling sailings in the U.S until December, but some cruise ships have already successfully sailed in Taiwan and Europe in August & September. I think cruise ships will be a nice mid-term hold until late 2021 for a decent profit.
Again, this is just me sharing what I'm doing. You can tell me if you think I'm an idiot or if you agree, while also sharing your own stock picks. Not enough stock talk here on MPGH :P
I'm curious as to what the MPGH community has invested in (whether it may be short or long term) and why so. Over the course of the past 4 years, certain big stocks have increased as much as 5x (Microsoft $50 -> $200, Apple $20 -> $100, Tesla $40 -> $400, Netflix $80 -> $500, Amazon $500 -> $3000). With coronavirus's impact on the economy and just the dynamic of business, what do you guys think is smart to invest in right now?
In my opinion (and everything in this thread is strictly opinion of nobodies and should not be taken seriously as financial advice) I'm looking at cannabis stocks. Cannabis industry is at an all-time low during COVID and stock like HEXO ($0.60) and APHA ($5.00) are expected to turn a profit next quarter. The issue with cannabis is that they grossly overestimated demand for legal weed (illegal weed is still much cheaper than legal weed in most places) but I think that the market would be prime after COVID.
Cruise lines in specific have also not recovered from COVID yet. Carnival and Norwegian have announced they're cancelling sailings in the U.S until December, but some cruise ships have already successfully sailed in Taiwan and Europe in August & September. I think cruise ships will be a nice mid-term hold until late 2021 for a decent profit.
Again, this is just me sharing what I'm doing. You can tell me if you think I'm an idiot or if you agree, while also sharing your own stock picks. Not enough stock talk here on MPGH :P
