During the recent economic downturn, we at Fast Profits have aimed to stay one step ahead of the markets. We anticipated this week's sell-off, despite the bullish rallies of weeks prior, and our defensive trading strategy has paid off, like the 512% gain on JPM.
Now, we're looking ahead, to those that will outperform in the post-corona bull market. Chris Johnson is back to give you a trade recommendation on a stock that's already leading the charge higher.
It's an online pet retailer that's tapped into both the overwhelming demand for deliverable goods and America's unfailing love for our furry, four-legged friends.
It's a combo that's proven to turn a profit in any market.
That said, of course it hasn't been entirely immune to COVID-19's effect on stocks; it did take a 26% hit between late February and mid-March. But since its March low, it's now up more than 50%, sitting at an all-time high.
And it's going to get another price catalyst soon, as this company has yet to release its earnings report for Q1 - a period of heightened demand for online products. We could be looking at a HUGE payout around the corner.
Here's Chris with the trade...
Demand's No Problem for These Bullish Moneymakers
Trade details:
Action to take No. 1: Buy shares of Chewy Inc. (NYSE: CHWY) using a limit order of $40.
Action to take No. 2: Buy to open CHWY Oct. 16, 2020 $50 calls using a limit order of $7.
As Chris puts it, today's trade isn't just powered by the growing demand for deliverable goods...
Given the shift in retail away from brick-and-mortar operations, well before the coronavirus outbreaks, CHWY is looking like an ideal means for short- and long-term gains.
And after the recent "oil apocalypse," the number of opportunities on the market not experiencing major roadblocks by way of supply and demand are becoming few and far between.
But there are still a few opportunities out there far less likely to be impacted by the running commodity crisis.
For example, take the startup recently unearthed by Neil Patel, professional venture capitalist and founder of the Angels and Entrepreneurs Network.
Within the last month, Neil pulled back the curtain on a new startup deal, a company that's serving a market we never would have guessed would be worth $19 BILLION...
I'm talking about the countless people around the globe suffering with arthritis.
The startup that Neil's eying is revolutionizing arthritis treatments, making surgical solutions more cost effective, and painless, than ever before.
And in light of today's stock market, it's tapped into a demand that won't falter in the face of the failing oil industry.
But like all of the best opportunities, this one won't be around for long...
This Friday, April 24, 2020, the doors on this startup will shut for good.
So do yourself a favor and let Neil tell you all about it here... while you still can.
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