5 Stocks That Will Rebound After Coronavirus Lockdown Ends
It may be difficult to begin thinking about stocks that will rebound after coronavirus fears die down. However, this deadly virus will pass and our society will regain its strength. The American people are resilient, and so are many of the nation’s businesses.
Most companies are taking harder hits than ever before due to the coronavirus. Revenue is down across the board and growth is at a standstill. Yet, businesses that position themselves properly will have the best chance to capitalize on the market once the pandemic is over.
Best Stocks That Will Rebound After Coronavirus Fears Settle
The reopening of the country may come sooner than we expect. It looks as if the economy will begin to re-open in May, or June at the latest. With this in mind, below is a list of five stocks that will rebound after coronavirus fears die down:
- Apple (Nasdaq: AAPL)
- Home Depot (NYSE: HD)
- D.R. Horton (NYSE: DHI)
- PayPal (Nasdaq: PYPL)
- Delta (NYSE: DAL)
These stocks cover a wide range of industries from airlines to home improvement. But, they each have one thing in common: the track record and positioning to benefit after the pandemic.
Apple stock completely fell off at the end of March and beginning of April. It dropped as low as $224.37 a share. Fortunately, it’s starting to regain its momentum at the perfect time.
As the country begins to reopen, so will Apple’s offices, stores and contact support centers. Better yet, the tech giant is set to launch its 5G iPhone later this year. The coronavirus has already delayed the launch back a month, but the company’s flagship device will still debut this year.
Consumers will be ready to buy once the coronavirus passes and Apple will be ready to make the most of it. This may lead to record highs in Apple stock once winter rolls around.
2. Home Depot
Home Depot is one of the best stocks that will rebound after coronavirus scares are behind us. In fact, the entire home improvement industry will benefit.
This pandemic is forcing families around the world to stay at home. As a result, home improvement projects are becoming a priority.
After a devastating March, the leading retailer’s stock is already rebounding. It was as low as $140.63, but it’s back up over $220 a share as we enter May.
3. D.R. Horton
Homebuilder stocks were always going to fall off a cliff during the coronavirus. With social distancing and shelter-in-place orders, the real estate market was forced into a corner. Less people are buying homes, mainly due to fears of contracting the virus.
Once this is all over, history suggests homebuilder stocks will explode. After the market fell apart in 2009, D.R. Horton rebounded by over 90%.
It’s positioned to do even better after the coronavirus. D. R. Horton is the largest homebuilder, by volume, in the United States.
In a post-pandemic world, many Americans will flock to the real estate market. You can currently purchase D.R. Horton stock at just under $50 a share.
4. PayPal Holdings
PayPal stock is an interesting play at the moment. Not only is it benefitting from the virus, but its set to continue this growth once the pandemic is over.
When the economy reopens, many people will take their time integrating back into their daily lives. This can only benefit e-commerce. Amazon shipping will return to normal and other online retailers will resume their production at full force.
PayPal’s digital payments and transfers will continue to make things easier for everyone. Oh, and don’t forget, PayPal also owns Venmo. The money transferring app rivals Cash App in popularity.
5. Delta Air Lines
There’s a long list of airline stocks that will rebound after coronavirus lockdowns end. And, Delta is one of the best in the business.
It recently launched Delta Clean, an initiative to provide a new standard in airline cleanliness. This initiative isn’t just for the pandemic, but will also become a permanent transformation within the airline.
By May, all aircrafts will be “fogged” before every flight. Fogging is the method of disinfecting a room, or aircraft in this case, to kill off all germs and prevent germs from being transferred from one place to another.
Delta stock is currently around $25 a share and it has dropped below $20 over the past few weeks. Expect this stock to thrive once travel returns to a somewhat normal state. Before the coronavirus, Delta was trading over $60 a share.
Finding Stocks That Will Rebound After Coronavirus Passes
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As the country begins to heal, so will the economy. Keep a close eye on these five stocks that will rebound after coronavirus lockdowns end around the nation.
About Corey Mann
Corey Mann is the Content Manager of Investment U. He has more than 10 years of experience as a journalist and content creator. Since 2012, Corey’s work has been featured in major publications such as The Virginian-Pilot, The Washington Post, CNN, MSNBC and more. When Corey isn’t focusing on Investment U, he enjoys traveling with his wife, going to Yankees games and spending time with his family.