Jumat, 27 November 2020

These 7 Companies Beat The Odds

The Early Bird - The Morning Financial Newsletter

Good morning -

A tornado, no a hurricane of massive proportions, just went swirling through the retail sector. Some retailers didn't make it. There have been dozens of bankruptcies already, and the carnage is far from over.

But not all retailers got hurt. Some, those fortunate few, were perfectly positioned for the pandemic. When it struck, it unleashed a tidal wave of spending that some retailers could surf to profit. And they're still riding those waves.

Some others were less fortunate but still in a great position today. Like a barnacle on a rock, they clung to life, relying on their balance sheets and eCommerce to sustain them.

And we're going to show you the top seven stocks in this sector. These stocks are best positioned for the pandemic and for the economic rebound that is already underway.

With the economic rebound underway, these pandemic-defying stocks can capitalize on the new retail environment and grow. In many cases, competition is far less than before. In others, the economic rebound will sustain trends put in place by the pandemic. In all cases, a healthy eCommerce presence will underpin results for… well, for the rest of our lives, more than likely.

The best part of the retail sector is dividends. These companies are in business to make money and have no problem returning capital to shareholders. In fact, some are well known to be dividend-growers, which is another factor to drive their share prices higher over the long-term.

It's understandable to be nervous about investing in the retail sector but don't let fear keep you from a great investment. The pandemic was a game-changing event for the retail sector, some won't survive, but others are thriving. Those are the ones you want to buy.

View the “7 Retail Stocks That Defied The Pandemic”

Matthew Paulson
MarketBeat.com

 
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