Businesses are opening up here in Ohio, starting around May 21st. We are talking restaurants, retail, barber shops and other smaller stores/shops. Is the pandemic over? No, but what does this mean? Now that life and business are having their heart beat a little faster, here are stocks to buy or consider in a post-pandemic world.
Stocks to buy or consider
As an investor, the markets behaving this abnormal does not help in your financial decision. That's where we come in, to help bring clarity and reduce the grey from the decision process.
When considering what stocks to buy, we need to get back to basics. One must think of dividend stocks as boring. If you are into sexy/exciting companies like Amazon (AMZN) Tesla (TSLA) and others - then you probably would not be on this site! We are in the slow and steady race, but depending on how much you can save and invest truly can control your outcome. I'm running fast, just an FYI.
Therefore, I am going to go through industries that I believe are prime for the coronavirus, but also will be talking about the why. Further, we are big on dividend aristocrats here, which you will see many below. The companies in that category have weathered many more storms than this one.
Enough of me already, time to see the industries and stocks you can consider, based on the 3 simple metrics we use from the Dividend Diplomats Stock Screener.
Technology
The technology industry has prevailed during the pandemic. However, the businesses listed below were relevant before and will be more relevant after, as companies were forced to transition their business. The financial institution I work for went completely remote, for a bit of time, which required communication lines, network security and teleconference capabilities. The pandemic proved that not only is technology critical, but
