2 Stocks Ready to Take Off in 2021
With a wild 2020 in the books, investors are looking ahead to a new year in which the economy's prospects will largely depend on the successful deployment of COVID-19 vaccines.
The speed at which the nation can get people inoculated will determine how quickly we can safely relax our social-distancing efforts and return to something like business as usual. That improved environment will benefit nearly all companies, but two stocks in particular that I think will gain more from it than most are Spirit Airlines (NYSE: SAVE) and Walt Disney (NYSE: DIS).
Obviously, all airlines will breathe a sigh of relief if vaccines can help get people flying in their pre-pandemic numbers again. My case for investing in Spirit as opposed to other carriers rests on the health of its balance sheet and its position as a low-cost competitor.
Source Fool.com
