The 2 Best Post-Pandemic Stocks to Buy on the Dip
Shares of Amwell (NYSE: AMWL) and Etsy (NASDAQ: ETSY) have fallen 70% and 31%, respectively, from their highs in February. Both companies had benefited from changing consumer dynamics brought on by the coronavirus pandemic. However, their sales are beginning to stall as things return to normal.
There are, fortunately, ample reasons as to why the two can regain their momentum. Buying the dip -- or going long on an asset during a temporary decline -- can be very profitable at the moment. Here's why the overall trend for these stocks is still up and not down.
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Source Fool.com
