3 Stocks to Buy as the Tourism Industry Recovers
SKYW – After nearly a year of social distancing, in-door lockdowns and travel restrictions, travel companies are starting to recover with a gradual increase in demand for business and leisure travel. Therefore, we think it is wise to bet now on stocks such as SkyWest (SKYW), Bluegreen Vacations (BVH), and Travelzoo (TZOO). These companies are well-positioned to experience growth in tandem with an economic recovery. Let’s evaluate these names more closely.
Apr 7, 2021
The travel industry has been recovering over the last two quarters after facing a huge decline in sales during the initial months of the COVID-19 pandemic. Because the easing of travel restrictions has begun, total travel spending in the United States is expected to recover 23.2% year-over-year in 2021, following a 45.2% decline last year, according to the U.S. Travel Association. Governments worldwide ar
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2 Stocks to Buy to Capitalize on the Internet of Things (IoT) Revolution
SWKS – Increased demand for sensors and cloud services as businesses adopted hybrid working models has boosted the Internet of Things (IoT) market over the past year. Furthermore, as the race for 5G gains pace, the IoT market should grow significantly in the near term. Consequently, we believe Skyworks Solutions (SWKS) and Garmin (GRMN) could be solid bets to capitalize on this revolution.
Apr 1, 2021
Internet of Things (IoT) featured devices have gained prominence during the COVID-19 pandemic because of their immense applications in the technology and software industry. In fact, the demand for IoT solutions and services for easily tracking orders and shipments across different regions was increasing even before the pandemic.
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Buy These 2 Stocks as Steel Prices Continue to Soar
MT – Steel plays a significant role in the industrial and manufacturing sector. As the demand for steel rises with a global economic recovery–and with that its price–we think companies such as ArcelorMittal (MT) and Olympic Steel (ZEUS) should deliver significant returns in coming months.
Mar 15, 2021
The global lockdown and subsequent social distancing restrictions compelled by the COVID-19 pandemic caused the steel industry to plummet over the first two quarters of 2020. The near halt in industrial and manufacturing activities in China contributed significantly to a global supply glut because China is the world’s largest consumer of steel. With excess reserves and falling prices, global steel production fell 1.4% year-over-year in the first quarter of 2020.