Good evening, One of the simplest investing strategies is to follow the money. I’m not talking about buying into an asset bubble. Trying to time a market top is a fool’s errand. I’m talking about something much simpler. Buy the companies that are seeing rising sales. Companies that release new products or open new locations are two examples. And another example is happening literally while many of us were sleeping. In the last 48 hours, millions of Americans have started to receive $600 as part of the stimulus bill that President Trump signed on December 27, 2020. Much of that money will be put right back into the American economy. For some consumers the need is urgent. For others it’s more discretionary. Either way, there will be purchases made. And either scenario presents an investor with options. Sure, you can look at the usual suspects like Walmart (NYSE:WMT) and Amazon (NASDAQ:AMZN). But those stocks are expected, and probably a little expensive. If you’re looking for other ideas to invest in companies that should see a sales lift, you’re in the right place. In this presentation, we’re highlighting seven companies that stand to benefit as Americans spend their stimulus checks. Now is not the time to argue about your feelings towards these payments. They’re happening whether you like them or not. And let’s not forget that for many people receiving the stimulus checks will help ease the pressure from desperate circumstances. So the only question remaining is how can you benefit from the new spending that will undoubtedly occur as a result of Americans receiving this stimulus? So once again, I urge you to simply follow the money. That’s what we’ve attempted to do. And we’ve landed on these companies that should benefit from Americans that are spending their stimulus checks. View the “7 Stocks to Buy As Americans Spend Their Stimulus Checks”
Matthew Paulson MarketBeat.com |
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