The Corona pandemic has changed our lives dramatically. The changes associated with the appearance of the virus now affect most areas of our daily lives. Whether in the world of work, in the organisation of our leisure time or in our consumer behaviour – we are suddenly confronted with new challenges. For many industries and companies, these new conditions mean high levels of uncertainty and risk. On the other hand, there are also opportunities for those who are appropriately prepared for the „new normality“.
We have looked into the subject areas of entertainment, mobile working, DIY stores and online shopping and identified a few companies.
Four companies in particular caught our attention. Take-Two, one of the largest video game groups in the world, TeamViewer, as an extraordinary beneficiary of the trend towards the home office, Hornbach Holding due to the boom in do-it-yourself and Amazon as one of the world’s leading online providers. We have identified a trend. These stocks have already risen sharply in recent weeks and the fundamental valuation is no longer favourable. Those who nevertheless see medium-term earnings prospects and want to take advantage of the trend could take advantage of temporary phases of weakness.