2020 is the year of the coronavirus pandemic. “Social distancing” and “work from home” are now basic phrases in our lexicon.
But for traders and investors, 2020 is more than that. It has been a groundbreaking year for e-commerce stocks and their top paper stock counterparts.
While some quarantine and lockdown restrictions have eased, the majority of people are spending more time at home than ever, which in turn has led to the growing adoption of online retailers.
During the first quarter of 2019, online sales made up less than 11% of total retail sales in the U.S. That metric increased to more than 16% in the first three months of 2020, largely due to the COVID-19 pandemic.
But the e-commerce revolution has only just begun, and the small group of stocks I’m giving away in today’s video could deliver massive returns to shareholders.
Top Paper Stocks to Buy as Stay-at-Home Economy Persists
WealthPress Head Trader Roger Scott
About a day or two ago, I did a little exposé on the top paper stocks. I explained how these are THE stocks to watch right now.
If you’re asking yourself “what in the world does online commerce have to do with traditional paper companies,” you’re not alone.
So let me explain…
The coronavirus pandemic threw a wrench in social gatherings and most in-person activities.
People are no longer shopping at traditional brick-and-mortar stores. They’re buying items online.
I’ve even started buying all my clothes online, something I’ve never done before but am absolutely loving since going to a physical store can be risky.
But how do you think these things ship to us?
That’s right. Paper.
Freight shippers send our packages in boxes, or paper. And because the current stay-at-home environment is here to stay for quite some time, top paper stocks are crucial and moving higher.
I recommended one of these top paper stocks to readers about six months ago, and if you listened to me then, you came out quite well.
Tune into today’s video and let me know if you took my earlier advice. Have you traded any of the tickers in the video before? If you haven’t already or plan to after watching the video, share your thoughts in the comment section below.