Reopening Trade: 2 Growth Stocks to Buy
During the early stages of the COVID-19 pandemic, economies around the world entered into various degrees of lockdown as part of efforts to stem the spread of the virus. Nonessential businesses were forced to temporarily close their doors to in-person patrons, many schools moved classes online, and millions of workers adjusted their commutes to work by going from their bedrooms to their home offices rather than their actual offices.
Fortunately for humanity, several vaccines have been proved to be effective in reducing the health dangers caused by COVID-19. As a result, many economies worldwide have begun a phased reopening and companies that were affected have begun their recovery.
Starbucks (NASDAQ: SBUX) and Chipotle Mexican Grill (NYSE: CMG) are two companies that managed the pandemic well. But these restaurants could actually do even better as a wave of customers leave their homes regularly again to actually dine out. Let's take a closer look at these two growth stocks.
Source Fool.com
