With everything booming, is there something that hasn't lifted off yet?

stonks only go up. all purchase points are launch pads.

Biotech hasn’t moved. It’s not a momentum play so many have sold bio to buy things that Covid impacted the most.

See:
ARDX
AUPH
SAGE

These are value plays now. There’s no excitement, but they’re discounted.

I guess what I meant to ask was with most items in the upswing now, what is the best value to throw more money at now?

quote:

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what is the best value to throw more money at now?

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Probably REITs

These snapshots should give you a decent idea.. energy is by far the most depressed sector, even after big gains today. The problem is that there’s still uncertainty around oil & gas in the short term because of the OPEC+ risks. But that’s part of the deal when you go bargain hunting.. no free lunches.

That said, even the refining companies with no upstream operations are still pretty depressed - VLO is still down 10% from its February high and MPC is down 30% from its February high. These companies should theoretically be much more insulated from oil price swings since their profits are driven by gasoline demand rather than oil supply. Disclosure: I haven’t taken any kind of deep dive into the fuel demand forecasts.

I think there’s still a fair amount of money to be made in the telecom and electric utilities industries as well. But none of these are sexy, none are likely to net 200% in a month, and they all have a ceiling compared to the high growth tech stocks. But they seem (to me) like the safest bet to beat the S&P 500 over the next year or so.







ETA: Another view..

Agree in the beer stocks. Rode BUD up 16% this week and sold.
I will probably take another position after this correction I feel is coming.

Rode USO and UGA up 10% on expectation prices would rally with Cristobal coming. But energy is probably a good LT play. The problem is that sector has been poo for awhile. ExxonMobil has dropped continuously long before corona.