In this post I will help go over the Stocks People Should Buy During COVID-19. Since there has been a lot of other websites doing it, I am going to show the top stocks that everything is recommending to buy. I suggest that if you do have extra money available to invest then you should really read this post along with other websites. There is an opportunity to make long term gains from stocks that are low right now.
If you found this post useful then send it to a friend that would also benefit from it. Everyone should be reading blog posts like this during this time.
A couple of websites have been suggesting that you buy stocks from Microsoft. When looking at the data from a month ago, It has lost $47.49 (25.93%). In other words, The stock was once at $183.17 and now is trailing $135.68 with a gain of $1.37 today. I think that this is a good stock to buy and invest long term.
If you are using Robinhood, out of 34 analyst ratings, below are the results:
- 94% say to buy
- 6% say to hold (this basically means that if you already have stocks then hold and buy more)
- 0% say to sell
American Airlines (AAL)
The next stock that is floating around and being advised to buy is American Airlines. The Reason? I think that it’s because the stock is cheap and even though the airline industry is hurting, it will rebound long term. A month ago, the stock was $28.12. since this crisis, it has fallen all the way down to $10.45 (loss of $17.67). I think that this is one of those cheap stocks is that is an easy buy for the price.
Out of 20 analyst ratings, below are the results:
- 50% say to buy
- 35% say to hold
- 13% say to sell
The third stock that a lot of websites are talking about is Apple. In the span of a month, the stock has lost a total of $95.62. It now sits at $224.00 ( previously the stock was at a high of $318.62). I think that this stock is also a good buy because even with everything going on, Apple is still dropping new products from the iPad to the new iPhone. This will get the stock to jump long term.
Out of 42 analyst rating, below are the results:
- 62% say to buy
- 31% say to hold
- 7% say to sell
The fourth stock that you might want to think about buying is Facebook. The stock right now is $149.70. The highest it was at was $213.48, which means that it has lost $63.78 in one month. I have to agree that this is also another stock to buy and hold long term.
out of 50 analyst ratings, below are the results:
- 84% say to buy
- 12% say to hold
- 4% say to sell
This is another one of those airline stocks that is being suggested a lot to buy. A month ago, the stock peaked at $334.04. Once COVID-19 became a pandemic, it has lost a total of $225.05. It now sits at $109.00. This is one of those stocks that even though the stock market will make a turnaround, this will be a slow and steady rise back to where it was a month ago. I’m not 100% saying that it will be at $300 again once the crisis is over, but long term it could.
Out of 24 analyst ratings, below are the results:
- 38% say to buy
- 58% say to hold (believing that it will return to $300)
- 4% say to sell
The Sixth stock that is being talked about a lot on reddit is Tesla. The stock was sitting at $839 a month ago and has fallen to $445.38 ($393.62 lost). I think that investing in the future of Tesla will be worth it for those that have enough to buy more than a couple of shares. Even if you want to buy 1 that is fine, but you won’t be benefiting from huge returns for those that have more shares.
Out of 31 analyst ratings, below are the results:
- 16% say to buy
- 39% say to hold
- 45% say to sell
The last stock that I am going to talk about is Carnival (the cruise ship company if you don’t know). A month ago the stock was at a high of $39.38. it has since fallen to $12.87 (a $26.51 loss). I think that I will buy a couple of shares of CCL just because it is another one of those stocks that are super low and will rebound long term.
Out of 23 analyst ratings, below are the results:
- 26% say to buy
- 65% say to hold (which means that there’s high hopes of a turnaround)
- 9% say to sell
I hope that this post gave you an idea of the stocks that have dropped a lot but also an opportunity to buy in low. If you are not thinking about investing your money into individual stocks then download Acorns and invest with them.
Of course there more stocks that you can buy that I didn’t talk about. I just didn’t want to keep you reading for an eternity and plus there are a lot of other blogs that are talking about the same topic.
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