The coronavirus pandemic changed everything financially, not just health-wise for millions of people. What we used to know as a good investment may not be the case any longer. Millions of businesses had to think outside the box to stay afloat while others got so busy they couldn’t keep up with the demand.
So which companies are the best to invest in today – in our new normal? Check out our list below.
Let’s face it, e-commerce is the way of the future. It was always popular, but thanks to the stay-at-home orders, it’s almost the new normal. Millions of people still shop online in the hopes of avoiding going into the store. With the second wave of coronavirus threatening to hit us again, the popularity of e-commerce will only go up.
Millions of online storefronts turn to Shopify for their e-commerce needs. They offer an e-commerce storefront and plenty of tools, making it one of the top e-commerce platforms available. As more and more businesses get online, Shopify will only grow.
Who doesn’t love ‘pinning’ their next recipe or party idea? With more than 300 million users, it’s easy to see that Pinterest is popular. Again, as the digital marketplace continues to grow, Pinterest will grow right alongside it. Recently, Pinterest jumped in headfirst into advertising, giving digital marketers another avenue to grow their following, which means Pinterest is only going to get bigger from here.
Vegetarians that still love the texture and taste of their favorite meat products turn to companies like Beyond Meat. The plant-based meat started as a trend but is quickly going mainstream as more and more people become more conscious not only about what they eat but how it affects the environment.
What makes Beyond Meat and even better investment, though, is that most restaurants and fast food chains also use Beyond Meat in one or two products.
What started as a social media app has quickly taken the social media world by storm. Consistently going with the latest trends and evolving, Facebook continues to make a name for itself. They continually add new features and new ways to monetize them to bring in more money.
With its potential barely tapped into yet, Facebook
If you’ve paid with a credit card at any small shop, you’ve encountered Square. Even if you haven’t used your card in person, but you’ve paid online, you may have used it. As one of the first cashless payment systems, Square continually adds to its suite of services catering not only to businesses but also to consumers looking for peer-to-peer options.
In the wake of coronavirus, the use of cash is dwindling, which makes companies like Square even more prevalent. Consumers and businesses want familiar names that they are comfortable sharing their banking information with and sending/receiving money.
McDonald’s has always been a household name, but like most other businesses, the pandemic had them thinking outside the box. They’ve introduced delivery, which we believe will stick around even post-pandemic. They also have a host of new menu items about to debut, both of which should help revenues, keeping McDonald’s on the ‘most invest in list’ for 2020.
As Tesla’s popularity increases, it’s time to jump on the stock before it takes off. With strong demand for its latest releases, Tesla remains a top company to invest in, especially if they can keep up the demand in other countries, including Europe and China.
Getting in with the big companies now can help you tremendously as we move out of the pandemic. This isn’t a short-term strategy, though. We’re talking long-term, riding out the storms, and seeing what some of the country’s top companies can do when they think outside the box.
The world has seen unprecedented times. The disease took hold of everyone and took them for the ride of their lives. Now’s the time to jump back in with the companies that have been there all along and should be there for us come the wave of our future.