I've been looking at some of the stock with rocket recoveries since the March 2020 bottom: WIX, SHOP, SQ and others. A common theme is that they are companies that can positively impact small business operations. WIX is a website tool for small business. SHOP works with small businesses for online orders, including websites. SQ is a payment processor for small businesses.
Probably too late to buy now, but worth considering if/when the market pulls back.
Full Disclosure: We own shares of SQ at the time of this posting.
For more on Ideas You Can Use, check back Tuesdays for a new segment.
This is not financial nor investment advice. Please consult a professional advisor.
Copyright © 2020 Achievement Catalyst, LLC
November Goals Update
4 days ago
No comments:
Post a Comment