Only four months ago, social distancing were two words we’d never heard of. Now, those 16 letters just about run our lives.
The new status quo isn’t just keeping us from going to concerts or visiting Grandma – it’s affecting everything, right down to the way we shop.
Personally, I always dreaded going to the grocery store. And once the pandemic hit, and shelves were nearly empty? Forget about it!
I’m not the only one either. Many are choosing to stay home and shop online – and one industry is absolutely booming as a result.
While overall U.S. retail sales plummeted as a result of the coronavirus, falling 16% in a single month for a record drop, ecommerce sales are expected to rise 18% in 2020, according to a recent forecast by eMarketer.
Since lockdown restrictions were relaxed, coronavirus cases have dramatically spiked around the world. Seven U.S. states, in fact, just reported their highest coronavirus hospitalizations since the pandemic began. And the CDC warns that this number will skyrocket once the summer is over.
The ecommerce industry is on fire, and it’s only going to get hotter.
Las Vegas is a different place than it was just a couple of months ago.
You used to crowd into a casino, drink in hand, shoulder to shoulder with your blackjack opponent.
Now, there are only three people to a table – and glass partitions separate you from the rest of the table.
So, sure, one of the country’s top tourist destinations has reopened. But your go-to hotels, casinos, and resorts may not be the same profit hot-spots they used to be – unlike this tiny startup, which could see revenue surge 9,000%.
For the past three months, there have been over 329,000,000 Americans under stay-at-home orders.
Three months of Zoom calls with family and friends. Three months of trying to find the directions to board games you haven’t opened since 2007 after exhausting all other forms of entertainment in the house. Three months of total social distancing.
At the beginning of May, there was talk of places beginning to reopen – meaning you can sit down at restaurants, go to shopping centers, and participate in outdoor activities. Now, we’re in June and many regions have reached this phase.
It’s a breath of fresh air (or whatever kind of air you can get through your hand-sewn mask) – and stocks are taking a deep breath.
The S&P 500 is trading over 3,000 points for the first time since the March 5 crash.
Although the economy is beginning to pick back up and people are starting to go back to work, there’s a chance this won’t last long…
The CDC is calling for a second wave of COVID-19 to hit during the winter – a mere five months away.
This could mean more businesses closing, more stay-at-home orders, and trouble for the stock market.
That’s why now is the time to get into these profitable plays. And I have narrowed down the top sectors for the highest return.