When the first round of stimulus checks hit last year and we were all under “safer at home” orders, everybody I knew bought a Peloton.
Everybody spent their nights in front of the TV with our upgraded Disney + catching up on The Mandalorian.
Everybody was on a first name basis with the Amazon Prime delivery driver.
Everybody spent holidays and Happy Hours on Zoom with friends and family.
These companies kept us entertained, connected, protected, and safe – and they also made us big money.
In 2020 alone Zoom stock jumped 635% with the stock trading at a high of $588.
I’m reliving the past here because it shows us what’s to come.
And I’ve unveiled the next four stocks that are set to be the biggest moneymakers on the market…
The Top Stocks that are set to Profit on the Stimulus Bounce
The April 2020 stimulus package kicked off a 40% bull run that’s still going. This massive influx of cash from the most recent stimulus package will keep the bull market running up, and
That’s why I have the top four stocks that are bound for the biggest payday…
Amazon has been the quarantine hero with its renowned Prime delivery, streaming, and Kindle services. The stock has reflected this, moving from a 52-week low of $1,812 and rising 64% to $3,552. The stock has recently been channeling for six months and likely to break to new highs following this round of stimulus as people continue to rely on this company for easy and efficient everyday needs.
Expedia the leader when it comes to online travel booking for consumers and small businesses. In 2019, this company reported revenue topping $12.07 billion. The company is preparing to skyrocket past these numbers in 2021 as the world starts to open back up to international and domestic travel – making now the perfect time to get in.
EXPE is in a meteoric bull run that began with the 2020 stimulus package and has tripled in value since. This company had a $52-week low of $43 and just hit an all-time high of $178.55 on Tuesday. This stock has more room to move to the upside, and now is the time to buy.
Las Vegas just opened its casinos to 50% capacity. This is great news for MGM seeing as the company owns over 10 hotels and casinos on the Las Vegas Strip, as well as event and convention centers.
MGM stock hit a 52-week low of $6.45 before hitting its 52-week high $42.04 earlier this week. The stock price will increase as the restrictions across the country decrease, making this a great investment.
Now, if you’re looking for a safer, lower risk taking a look at a specific sector to trade an ETF on would be the way to go.
This is by far the sector best poised to benefit on this round of stimulus.
This sector is comprised of companies fit in the “want not need” category – and these companies as a whole are bound to rise once the $1,400 check hits people’s bank accounts.
The XLY is comprised of top companies such as Home Depot (NYSE: HD), Marriot (NYSE: MAR), Royal Caribbean (NYSE: RCL), and Starbucks (NASDAQ: SBUX) – as well as the three I listed above.
Buying this ETF would be the best low-risk play, but if you’re looking for a place to invest your stimulus check, there is one more sector that you should take a look at that has proven to pay out hand over fist.
This particular market’s consistent profitability, regardless of overall movement, is quickly making it one of my favorites…
That market is cryptocurrencies, and over the last 12 months, it’s allowed me to build an account worth over $1.6 million.
The potential for returns like these doesn’t look to be slowing down any time soon – that’s why I’m inviting readers of my Power Profit Trades newsletter to join me for a one-of-a-kind event…
It’s my brand new Crypto Wealth Boot Camp, a 5-day, hands-on education series where I’ll show you, from start to finish, how to take advantage of this market.
But you have to hurry… Boot Camp kicks off on Monday at 1:00 p.m. (ET). Reserve your spot right here.
Talk soon,
Tom Gentile