Quote:
Originally Posted by Rain Man
So I've been thinking.
We're hearing about progress on vaccines. They're not here yet, but it seems like just a matter of time, right?
If that's the case, then is there a fortune to be made in all of the battered cruise, airline, hotel, and tourism stocks? It might be a year away, but if we want to catch the full upside when do we start buying? It seems like the risk is buying and then having them go bankrupt before the bounceback, but there are probably a lot of companies that aren't at risk of bankruptcy in the near term.
What do you say? Buy now? Soon? Or is it too risky to ever buy?
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Yes. Buy the F out of known, strong companies such as Southwest (LUV). It may even be worth throwing a few bucks into struggling business like American Airlines (AAL).