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2022 saw a surge of business activity in various industries, particularly entertainment, restaurants and hospitality. There are other industries too that benefited from the relaxing of the Covid-19 shutdown while others suffered from the fact that people were heading outdoors again for entertainment. These observations can help you in online stock trading. So, here are a few stocks for you to examine:
Cresco Labs ($CRLBF)
Cresco Labs is a legal marijuana company, an industry that is predicted to have long-term growth. Legalized cannabis has been legalized in 36 states, and Cresco operates in multiple states as an MSO. Its retail presence is growing, particularly after acquiring Bluma Wellness. Cresco now operates 33 dispensaries:
Cloud services provider Zendesk is catching on from small business customers to bigger companies. It offers a range of cloud software services aimed at customer service. Its business is expected to keep improving though it did miss analyst expectations for the latest quarter:
Atlantica Sustainable Infrastructure ($AY)
Comprehensive renewable energy services provider Atlantica is expected to benefit from the increasing popularity of sustainable energy that is pushing forward demand. Not only does Atlantica generate renewable energy, but it also owns electric transmission and natural gas assets:
Streaming content provider Roku has significantly benefited from the Covid-19 pandemic that caused a commercial shutdown in the United States and many other countries around the world. The pandemic is far from over, and, though the lock down relaxations have increased outdoor entertainment and socializing, causing a momentary drop in streaming hours, the convenience of online content streaming is likely to get stronger even in a post-Covid world:
The above-mentioned stocks have opened many industries for you to consider investing in. There are many other industries too that have growth prospects even after Covid-19 ceases to be a major threat to daily life, which hopefully won’t take too long. Meanwhile, you can turn to an advanced online trading brokerage to get your trading done effortlessly.
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