After a hard and painful winter, a real spring has come, and not only on the street, but also on the stock markets. As in nature, everything blooms and turns green with the arrival of heat. This spring, as never before, we have lots of profitable assets that brought many traders a long-awaited profit. It was really easy to open a successful deal in the spring, because it was not difficult to predict the rise after the fall. Traditionally, we have chosen for our rating three assets that turned out to be the most profitable, and we have a new leader.
WIZZ Air. Airlines were affected by the coronavirus pandemic the most, which was easy to foresee. Losses for them amounted to billions of dollars, but this is absolutely not the case for traders who can earn both from the fall and the rise of stock prices. As you know, in June we observe a widespread easing of the quarantine and restoration of air traffic. The recovery process will be long and far from complete, but investors are already taking into account all perspectives. So the shares are recovering in price. Since mid-March, the airline's shares have increased by 36%, and the actual yield in trading amounted to 2259.2%. If you opened deals in mid-March, by the end of spring you would have received $123,290 for 1 lot or $1,231.9 of earnings per share. At the same time, in order to open a better deal, it was necessary to invest only 54.6 dollars per stock.
Amazon (#AMZN). It was not difficult to guess that with the introduction of the quarantine, the closure of the trade malls and bazaars, online commerce will get new customers, and therefore - a new profit. This was the case even before the beginning of the pandemic. The development of e-commerce just greatly accelerated due to the lockdowns. But Amazon is not just an online store, but many different projects that all turn out to be relatively successful. Therefore, Amazon was the most stable and popular asset among our traders. The company's shares have already increased by 40.26% YoY. The actual return for traders who opened a deal in mid-March was 572%, and the profit amounted to $54,736 for 1 lot, or $547.36 for each purchased share. At the same time, the investment amounted to 95.5 dollars.
Palladium. Palladium is often among the best assets, and this spring was no exception. The only thing that has changed is a trend according to which it was necessary to open the deals to SELL. Palladium could not increase in price indefinitely, and this spring, with investors' appetite for risky assets, the metals came under pressure. By selling palladium this spring, at the beginning of the summer, you could have made a profit of $59,487 or $594.87 per ounce. The actual yield is 314.24% in just two and a half months. At the same time, it was necessary to invest $189.2 per ounce. This is an impressive result that deserves third place in our rating.
Our spring rating of the best deals has changed a lot compared to the winter one: WIZZ Air and Amazon have never been among the best assets to invest in, although Amazon has always been somewhere near the top three. The global economic recovery is just beginning and will continue for a long time. Therefore, the profitability of the leading companies will improve, and consequently share value will also grow. Make the time to buy assets while their prices are still low, and your deal might be among the best ones in our next review.
