loader image

Brush off COVID-19 Fears With These 2 Software Stocks

by | Aug 4, 2021 | Uncategorized

It doesn’t take an Einstein to figure out that COVID-19 concerns and infections are on the way up again. 

People are going to think twice before they decide to go back to the office, which means the work-from-home environment isn’t going anywhere anytime soon if the delta variant continues to persist.

I mean, we’re already in August! 

But you’ll be happy to hear there are some stocks brushing off COVID-19. So in today’s video, I thought I’d walk my viewers through two of them that were actually top picks and winners during the first wave. 

2 Stocks Brushing off COVID-19 Fears

The first stock brushing off COVID-19 fears is Adobe Inc. (Nasdaq: ADBE).

ADBE is one of the largest software companies in the world that provides products and services for the architecture, engineering, construction, media, manufacturing, education and entertainment industries. 

And do you think it’s a coincidence that the stock just made an all-time high? 

Well, I sure don’t… 

Just think about Adobe Photoshop. Almost every professional graphic artist uses it, so it’s safe to say it’s not going anywhere. And now, ADBE is using a software as a service payment plan that makes its revenue a lot more predictable. 

The truth is the company’s products are used so frequently that whether COVID-19 cases increase or not, ADBE will still achieve a higher output. 

ADBE has 15 strong buy recommendations, and I’m showing a price target of about $665 per share over the next 12 weeks. 

Check out my short video below to get the next stock brushing off COVID-19 concerns.

Both of them are prime candidates for increased upside pressure if this trend continues to pick up. And from where I’m sitting right now, that definitely looks like the case. 

Don’t forget to subscribe to our YouTube channel if you haven’t already so you can be notified as soon as we post our next video! 

P.S. Everyday traders aren’t going to want to miss this one…

I just pulled back the curtain on my algorithmic trading strategy that leaves traditional stock picking in the dust. 

I call it “Storm,” and its technology mimics the billion-dollar algorithms Wall Street uses to send stocks skyrocketing in a matter of hours… or plummeting to their death. 

But the best part? 

I’m able to do it with just a few lines of code. 

Check this out!

WRITTEN BY<br>Roger Scott

Roger Scott

What to read next

99 Problems and a “Pivot” is One

99 Problems and a “Pivot” is One

A friend of mine sent me this chart about three months ago. I should probably print it and keep it in my wallet next to a photo of my daughter. Given the sheer number of questions I’ve fielded lately, I’ll probably end up showing this chart more than her picture.

read more
Everything Everywhere, Going Down, All At Once

Everything Everywhere, Going Down, All At Once

When our momentum reading went negative last week, I didn’t know that we’d have the second largest bank failure in U.S. history three days later. All I knew was that it went negative… and that we got out of the way.

read more
Trust But Verify…

Trust But Verify…

I want to talk about our version of “Trust but Verify” in the markets. Qualification is the most important part of the investing process. And this F score value strategy looks to be crushing the current market.

read more

Have any questions? Contact Our Customer Service Team