Investment Picks with Edward-April Edition

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   I just want to quickly thank the health workers who are fighting against the coronavirus.

   So the market has been going up in the last week of March, but I feel that it will go back down because the markets rose on the sense of hope because a new drug was passed through the FDA to be used to combat the coronavirus. However, scientists predict that there will 100,000-240,000 deaths in the United States causing it to drag down the market. We are in volatile times right now with news being able to cause big drops or gains so it is the best to look long term. These are the top stocks I recommend in the long run:

1. Intel(INTC)-  It is the one of the largest semiconductor manufacturing companies in the United States with a market cap of $231.70 billion and a P/E ratio of 11.50 which makes it a cheap option. A bonus is that they have a dividend yield of 2.44%. It also has around $3 billion in cash which is benevolent because cash is KING right now. Technology companies and especially chip makers won't be affected that much by the coronavirus helping cushion their loses and coronavirus hurting the market will help Intel come out stronger after the virus. This is because companies like Intel will be investing and preparing their company to be ready with new technology when the market starts to go back up and the virus starts to disappear. Also the demand for better technology will increase as people now have to stay at home because of the coronavirus causing people to now look for new laptops and PCs to work from home and do other online activities.

2. JPMorgan(JPM)- JPMorgan is one the the world renown investment banking companies in the world. They look very enticing after almost a 40% decline over the past month with their low P/E ratio of 7.84 making it cheap to buy and their 4.28% dividends. It has a strong balance sheet of around $600 billion allowing to be more resilient in these tough financial times. As the coronavirus isn't really affecting banking as much as other sectors, JPMorgan won't be hurt that much, but because they offer financial services, people will be looking to them for guidance in these tough times with people struggling with their finances. They have a good upside as the the conditions surrounding the virus gets better as they recovered over 30% in the months after the 2008/2009 crash.

3. Invesco High Yield Equity Dividend Achievers ETF(PEY)- This ETF has dropped around 40% this past month and has a P/E ratio of 7.87 making it look very cheap and a very good time to get in right now because it is pretty low. They have a dividend yield of 6.09%In these economic declination, a basket of high dividend yield for a low price looks nice because dividends always will guarantee you money for your shares. The ETF is mostly made up of consumer defensive, financial services, and utilities stocks which means that the coronavirus won't be really affecting these stocks negatively, but will have a big impact on consumer defensive because people will be spending more on household goods in order to stock up. When this ETF goes back up again, you will get a double win, but if it goes down you still get a nice bonus of dividends which can cancel or decrease your loses.


However, in these times volatile times, short-term trading could also help reap gains. These are my recommended short term stocks:

1. Uber(UBER): As people stay at home, people are ordering more food and drinks online such as through Uber Eats because people don't want to go out as there is a risk of being such. This increase in orders through Uber Eats will help offset the loses from Uber ride-sharing and which could be good as investors are being more lenient as Quarterly Earning come out

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