Best Epicenter Stocks To Buy Now

0

Growth stocks on the stock market have taken a beating recently due to inflation. Over the past year, consumer prices rose by over 7%, breaking long-standing records. The Federal Reserve of the United States refused to raise interest rates because it considered most of these worries to be “transitory.” A rise in interest rates is imminent, according to US Federal Reserve Chair Jerome Powell. In 2022, the economy is expected to make a strong comeback, according to analysts. The Fed’s new chairman, Jerome Powell, has hinted that a rate hike may be on the way. In the wake of the COVID-19 outbreak, Thomas Lee coined the term “epicenter stocks” to describe companies whose earnings were directly affected by the disease’s spread. The Walt Disney Company, Exxon Mobil Corporation, and Starbucks Corporation are just a few examples.

Here is Insider Monkey’s list of the 10 best epicenter stocks to buy now. In addition to casinos and resorts, Wynn Resorts, Limited owns and operates them. As a new strain of the Ebola virus threatens to shut down hospitals, the stock has taken a hit in recent weeks. Sports betting volumes in the U.S., however, have been strong for the company. A Stifel analyst has named Royal Caribbean Group as his top pick for 2022 in the leisure travel sector. Despite the analyst’s increased price target of $130 from $111, he maintains a Buy rating on the stock. Shares owned by Citadel Investment Group total more than $300 million, making them one of the largest shareholders. CCL is a leisure travel company that trades on the New York Stock Exchange. When it comes to socializing and traveling, cruising may be among the most risk-free options, according to CEO Arnold Donald. Plans to go on vacation were postponed due to the discovery of a new COVID-19 variant. In the United States, Southwest Airlines Co. has a fleet of more than 700 Boeing 737 planes. Since reorganizing operations in response to the pandemic, the company appears better prepared for the consequences. Earnings estimates for the fourth quarter of 2021 were beaten recently by Delta Air Lines Inc. An important shareholder, Chicago’s Citadel Investment Group, holds more than $276 million worth of stock. Delta Air Lines is also supported by a number of major hedge funds. For more details, click the 10 Best Epicenter Stocks To Buy Now.

Unsplash

 

Share.