19 Feb 2021 15:57
ebuyer2412
I doubt you will get many contributors giving any tips since that implies advice for which licence is necessary. While a consumer driven recvovery seems probable, the danger is that it will be short lived. So, rather than buy for recovery, perhaps you could give more thought to portfolio construction to suit your timescale, tolerence to risk and level of exposure.
For myself, I began to re-align my portfolio to a higher risk level from Medium High to High last November to remove some of the more turgid holdings for those that are likely to prosper in the years and decades ahead. Reduction therefore in distillers such as Diageo and increase in "green" stocks such as Varta, AFC Energy and a couple of Investment Trusts, 3in and TRIG.
With the prospect of consumerism pretty well exhausted in the Western World and todays 20-30 year old saddled with long term debt, I have added to my holding in Aubrey - a little known Investment Trust - that focusses on exactly that segment but in emerging markets.
Good luck with your picks. I do not hold any of those and am not sure that I like the look of them much either. it is not to suggest thay are poor, simply that I don't like them at the moment. Things may change and no point in getting worked up on someone elses choice.