This story was originally published here.
This week’s news about the Pfizer (NYSE:PFE) vaccine sent many stocks higher, but some of the stocks that have benefited from the trends towards distance education, remote work, and at-home entertainment were hit pretty hard.
We feel that in most cases, the market overshot its expectations that such an announcement would trigger an immediate return to normal. A reversion to the mean in the short term would be pretty typical.
There is probably a valid argument for some of the most extraordinary high-flyers, like Zoom (NASDAQ:ZM), to come back to a more reasonable valuation.
However, we think the selling was too aggressive on some stocks, including today’s recommendation. Logitech (NASDAQ:LOGI) has benefitted from changes in consumer behavior during the pandemic but also has solid underlying value beyond this temporary issue.
We think the trends in favor of remote work and esports that have been accelerated — as opposed to created — by the pandemic. And they should be more than supportive enough for LOGI to rise higher in the short term…
Story continues here.
How to turn $7 into $1,480 upfront by tomorrow afternoon
Dear Reader,
What if there were a simple way to make as much as $1,480 or more upfront per day, at home?
Well, now there is.
And thousands of in-the-know Americans are taking advantage of it today.
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Which is why Barron’s calls it “one of the greatest strategies in existence…”
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Of course, nothing in investing is guaranteed.
But this is about as close as it gets.
Let me show you what I mean…
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Just imagine what a huge difference that could make in accelerating your income…
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Regards,
Brian Hunt
CEO, InvestorPlace
