Just wanted to open the floor to a discussion about dating stocks. I tend to invest in the "where do I see this stock, ETF, etc in the next 6-12 months?". We're in fairly new territory for our generation, in that we have such a large stream of government stimulus and potential major economic growth coming out of a pandemic (or at least, reopening the economy on the tail of a pandemic).
In thinking about things that took a hit last year (entering pandemic) that might recover significantly this year, dating stocks comes to mind.
Some reasons, all opinion:
- Covid vaccine general population availability in the US is expected late April, Early May. (Link)
- Early covid vaccinations are hitting the most at-risk communities first, addressing the strongest population for hospitalizations and other major medical events, which tend to play a major factor in setting policy (covid-based restrictions).
- A large portion of the populous has put off dating for quite a while and are ready to get back to dating. (Link)
- Many businesses tied to dating were closed over the past 10-12 months, and are reopening currently in limited capacity, or in the near future. This includes restaurants, movie theaters, amusement parks, breweries, bars, etc.
Looking at the two big available options:
- MTCH - Match Group Inc (Match, Tinder, etc): $160 current, 1 year ago $70
- BMBL - Bumble Inc. (Bumble): IPO in 2021, IPO Price $43, current $70
General thoughts? Haven't begun to dig into any of the details on the two companies yet. Just starting considering this today.
Thanks.
Submitted February 21, 2021 at 06:11PM by Debit_Fun https://ift.tt/3dySCZT
