Even with all of the global changes caused by the COVID-19 pandemic, we may have only scratched the surface with the forthcoming changes. A financial crisis of this magnitude will always prompt major changes in different sectors. As an investor, looking at the short-term and long-term outlook of these sectors can highlight some of the most ideal investment opportunities. Here are some of the investment areas that could see the most significant changes as a direct result of COVID-19.
The short-term outlook on the energy transition isn’t very positive because of the financial crisis and people generally being more cautious with their spending. However, the 20- and 30-year projections are largely unaffected and experts still view the energy transition as being a powerful investment opportunity. Some of the main reasons for optimism include the opportunities in energy generation, distribution, transmission, efficiency and storage.
COVID-19 has put a spotlight on the healthcare industry as it pertains to healthcare innovation. The rapid developments in treatments and testing, as well as the movement toward a vaccine for the virus, highlight the global importance of healthcare innovation. Further, the use of technology has emerged as a viable option for certain medical questions and appointments as opposed to visiting a facility. Healthcare spending should only become more widespread in the coming years as the COVID-19 pandemic has highlighted the need for innovation.
E-commerce businesses were thriving before the pandemic began and the recent events should only boost their value. As people become more accepting of the new reality, shopping online could become more of the norm. Grocery stores, retail shops, restaurants and other establishments have adapted quickly to the changing environment, which provides some optimism for an investor looking at e-commerce investment opportunities.
Smart manufacturing encompasses many different areas, including the development of local supply lines, data analytics, automation, controls, sensors, 3D printing and much more. As if smart manufacturing wasn’t already a global focus, the COVID-19 pandemic has only highlighted the importance of it.
Lifestyle And Wellbeing
Time will tell whether lifestyle and wellbeing investment opportunities will be valuable in the long-term. However, the short-term outlook is positive as people reevaluate their way of thinking about their health in light of the pandemic. People with underlying conditions may take their health more seriously and people generally in good health could take their precautions to the next level. Experts believe consumers worldwide will invest more in their health, including spending more time and money exercising, so it’s a viable investment opportunity to pursue.
Stock Investing Info closely evaluates different sectors to help investors discover the right investment opportunities for them. The COVID-19 pandemic has changed the way individuals and organizations operate in many ways. If you have any questions or concerns about your current or future investments contact us today.