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The best stocks to buy during this covid-19 market dip

  • 18-03-2020 10:27pm
    #1
    Registered Users, Registered Users 2 Posts: 2,436 ✭✭✭


    What are the best stocks to buy now that the market has taken a crash?

    The likes of certain food companies/hotel groups/public transport?

    What are the most things people are not doing/going to?


Comments

  • Registered Users, Registered Users 2 Posts: 4,755 ✭✭✭beggars_bush


    Producers of cereal based foods


  • Registered Users, Registered Users 2 Posts: 2,645 ✭✭✭krissovo


    So many companies are well into over sold that you could cast a fishing net and make a 15% return with a diverse portfolio in a year or so. There are also some that are ripe to make a bit of a killing but with a lot more risk.

    Food shares have not been impacted much and not that appealing as they have only dropped to 2018/2019 levels at most.

    Tech/Cloud is my comfort zone as it’s my industry and for most part its business as usual with home working being easily achievable and subscription based. A lot of business have been caught of guard and I think shareholders will apply pressure to invest in tech to enable them to be more resilient.

    Airlines along with oil and gas are risky but some big returns if you pick ones that survive. Personally I will put 30% of my investment here once it looks ripe.

    Pharma is too risky for me and too late for a virus cure IMO but I am looking at a few picks who have been impacted by Chinese manufacturing and looking to invest into regionalising their manufacturing.


  • Registered Users, Registered Users 2 Posts: 392 ✭✭popa smurf


    Who makes 7 up my wife is stock pilling the stuff,


  • Registered Users, Registered Users 2 Posts: 11,220 ✭✭✭✭Lex Luthor


    any big american companies that they wont let go to the wall but will drop significantly could potentially reap big rewards over the coming years


  • Registered Users, Registered Users 2 Posts: 1,107 ✭✭✭bcklschaps


    popa smurf wrote: »
    Who makes 7 up my wife is stock pilling the stuff,

    PepsiCo, Inc.
    NASDAQ: PEP

    :D


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  • Registered Users, Registered Users 2 Posts: 2,456 ✭✭✭garrettod


    bcklschaps wrote: »
    PepsiCo, Inc.
    NASDAQ: PEP

    :D

    That's actually a decent suggestion, for a long term investment, IMHO.

    Thanks,

    G.



  • Registered Users, Registered Users 2 Posts: 2,344 ✭✭✭p to the e


    If you're looking into buying anything be aware you may have to hold on to it for a while. If we hit a global recession in the coming weeks/months then some of these companies may take some time to get back up, if they do, and may even go way lower than current prices. It's far too early to know how how close to the bottom the market is. Also many of these companies may drastically reduce their dividend payments once the dust settles.

    These are off the top of my head so as the man says "do your own research".

    If you want to play it somewhat safe in these times then you'd want your consumer staples. Companies like P&G, Unilever, Johnson&Johnson.

    If you want to push the boat out a bit more and willing to hold on for a while then Disney, Coke, McDonalds, Visa.

    If you're taking a riskier outlook then oil and gas are dealing with the virus and the under reported Russia/Saudi Arabia oil price war (https://en.wikipedia.org/wiki/2020_Russia%E2%80%93Saudi_Arabia_oil_price_war) so some of them could be worth looking at e.g. Chevron


  • Registered Users, Registered Users 2 Posts: 2,568 ✭✭✭Irish_rat


    Pretty simple if you want decent long term returns(5+ years) then blue chip stocks such as McDonald's, apple, nestle, coca cola, Microsoft, Google etc. Or even s&p500.

    Most are overpriced still, I think the real dip won't be seen for another few months. So I would keep your powder dry for another while yet


  • Registered Users, Registered Users 2 Posts: 475 ✭✭PHG


    I put a few k into the S&P on Thursday morning. Today I put a lesser amount into Pfizer. The play is that with everyone is staying inside there will be an increase in medicine across the board, particularly antidepressants, which pfizer are the leader in.

    Its money I can afford to lose and DYOR.


  • Registered Users, Registered Users 2 Posts: 15,006 ✭✭✭✭callaway92


    Anhueser Busch seems to stay at a fairly flat rate (lowering slightly) over the last few years and have taken a big dip in the last while.

    A dividend payer and one I'd hope to increase and flatter again mightn't be a bad shout.


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  • Registered Users, Registered Users 2 Posts: 7,501 ✭✭✭BrokenArrows


    PHG wrote: »
    I put a few k into the S&P on Thursday morning. Today I put a lesser amount into Pfizer. The play is that with everyone is staying inside there will be an increase in medicine across the board, particularly antidepressants, which pfizer are the leader in.

    Its money I can afford to lose and DYOR.

    Or alternatively because everyone is inside, overall disease will be much lower this year so the need for medication should be lower.

    STD's will be way way down.


  • Registered Users, Registered Users 2 Posts: 2,456 ✭✭✭garrettod


    Hi,

    How much longer before that little blue pill of theirs can be manufactured by other third parties?

    Pfizer is all about a bet on whether or not they can produce the next big thing, more than its existing income streams - which are likely to be running off.

    I'm primarily focused on buying well establised, well managed value stocks, with good market and / or product diversification. Most, if not all, should prove to be better defensive investments, and will try to maintain dividend policy

    That's not to say that I'm adverse to a little flutter along the way, if something takes my fancy, but happens to be what I consider higher risk.

    Thanks,

    G.



  • Registered Users, Registered Users 2 Posts: 654 ✭✭✭Annabella1


    Viagra off patent for several years


  • Registered Users, Registered Users 2 Posts: 475 ✭✭PHG


    Or alternatively because everyone is inside, overall disease will be much lower this year so the need for medication should be lower.

    STD's will be way way down.

    True, could see that too. It's trying to figure out which is going to be more effective


  • Registered Users, Registered Users 2 Posts: 475 ✭✭PHG


    callaway92 wrote: »
    Anhueser Busch seems to stay at a fairly flat rate (lowering slightly) over the last few years and have taken a big dip in the last while.

    A dividend payer and one I'd hope to increase and flatter again mightn't be a bad shout.

    Don't they produce Corona and got hit cause of it?


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