Two "Sweet Spot" Stocks To Trade This Week

Tough to believe it's been more than a year since the coronavirus flipped life upside-down, but here we are.

But as hard as these 12 months have been, we're already starting to see signs that we might be turning the corner on this thing. The CDC says 107 million Americans have had at least one of the new shots, and the president just went on national television to say we could very well have a "more normal" Fourth of July.

Hey – I'll take it.

This is having impacts across the economy and the stock market, too.

Sure, we're seeing a surge in "recovery stocks," like energy and cyclicals – not all that surprising.

And we're seeing some of the stocks that tore it up during the worst of the pandemic, like Zoom Video Communications Inc. (Nasdaq: ZM), hit the skids; Zoom is down more than $226 from its October 2020 all-time high.

There's another breed of company, though, that's really tailor-made for profitable trading right now because it had really strong pandemic performance – and it's still going strong with the recovery.

The Money Calendar and I have picked out two of these "sweet spot" stocks to trade for big profits before Memorial Day…

Photo by Justin Snyder Photo on Unsplash

Big Restaurants Are Throwing Off Big Profits Right Now

A lot of national and regional chains were in deep trouble in March 2020. I'm talking death row. As the pandemic got into full swing and states locked down, these folks were looking at double-digit or more collapses in revenue, profits, volume, foot traffic – you name it.

Think of nearly every important metric that goes into valuing a stock, and it was all pointing downhill.

But, like the saying goes, "Adapt or die." And that's exactly what these companies did. They did it fast, too – rolled up their sleeves and solved the problems of revenue and volume. The solution was simple but effective; they made the successful switch to online ordering, touchless curbside pickup, and delivery.

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