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Work-From-Home Trend Isn’t Dead — 2 Stock Plays
Episode 604th December 2020 • The Stock Power Podcast • Money & Markets
00:00:00 00:24:18

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The coronavirus pandemic changed how we work.

In some cases, those changes are everlasting.

Millions of Americans were forced to work from home to halt the spread of COVID-19.

Some big companies like Facebook Inc. (Nasdaq: FB) and Alphabet Inc. (Nasdaq: GOOG) are making employees work from home until the summer of 2021.

Some tech companies saw strong gains as the use of their products and services grew due to the massive amount of people working remotely.

Since its inception in June 2020, the Direxion Work From Home ETF (NYSE: WFH) — an exchange-traded fund that invests in companies capitalizing on this change in how we work — has grown 21.2%.

But as you can see from the chart, that rise has come with some pretty significant bumps.

However, in November, the ETF actually rose 14.4%.

In this episode of The Bull & The Bear, I’ll talk with Charles Sizemore about two work-from-home stocks and whether they are worth a spot in your portfolio.

We’ll examine what these work-from-home stocks specialize in and how they’ve performed recently.

What’s even better is you’ll get insight on what you should do with these two stocks — if you are thinking about buying or already have them in your portfolio.

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Have something you want us to talk about? Email thebullandthebear@moneyandmarkets.com and give us your thoughts.

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