NEX15 Aug 2020 21:49
NEX mentioned by motley fool today - a cyclical share with significant potential.
"As is to be expected, cyclical stocks have generally fallen harder than defensives in the market crash. Such stocks could soar into the economic recovery as it unfolds. I think it’s a good idea to have some exposure to these potential strong gains, if you’re starting investing today. Travel and hospitality are sectors that struggle during recessions at the best of times. But they’ve been particularly hard hit this time, due to the extraordinary impact of the Covid-19 pandemic. There could be some huge share-price gains to come for companies in these sectors with the financial strength to survive. I think travel group National Express fits the bill nicely."