3 Stocks to Build Your Portfolio Around
As they build a robust portfolio, many investors will seek companies with solid long-term growth prospects. With growth as the portfolio's foundation, they can then sprinkle on a layer of dividends that act as a passive income source. However, I feel that these two attributes are not the only considerations one should have when building an investment portfolio. It's also important to ensure adequate diversification when it comes to industries, as evidenced by how the pandemic has played out over the last six months.
As the coronavirus swept the world, numerous countries announced lockdowns and border closures. Industries that rely on tourism and travel, such as airlines, transportation, cruise lines, and hotels have been adversely impacted by the crisis and the related closures. However, industries such as digital payments and technology have been less impacted, while select companies that have a strong digital presence and can adapt to these new conditions have not only survived, but even thrived.
Here are three stocks that have remained resilient despite the pandemic, and which offer good diversification with regard to industry exposure.
Source Fool.com
