August – the height of the reporting season for the second quarter. This year is particularly stressful., as companies compete with the second quarter 2020 of the year, when some of them got a huge plus because of the pandemic, and others have faced serious pandemic challenges.
Which stocks will rise in price?
Many companies have shown significant growth, exceeding the indicators 2019 of the year, and others showed weak growth in the face of strong comparisons.. Respectively, investors rewarded shares.
- This week, they cut home depot shares after that., how the company posted weak profits after a huge spike last year, and in July rewarded Coca-Cola after that, how its revenue grew by 42%.
But it's not that simple., and investors should focus on the long term when valuing stocks.. That's why I choose Airbnb., Walt Disney as hot stocks to buy this month. They showed incredible growth in the second quarter., and they all have huge growth potential.
Airbnb
Airbnb has already shown signs of a return in the first quarter. 2021 of the year, increasing revenue by 5% after a stunning fall in 2020 year. But the second quarter was just monstrous.: revenue increased by 299%, and the gross cost of the reservation increased by 320% on an annualized basis.
- It's much better., than a simple comparison of the pandemic.
One of them was to increase the stay by a month or more.. More people are using Airbnb rentals as a home, not as a vacation, which is not so possible in traditional travel . Another – these are customers, going to remote areas.
It's also more difficult with standard hotels., which can not always be found in remote places. One way to see the power of Airbnb – this is what, how he turns booked nights into income.
The number of booked nights increased by 197% in the second quarter compared to last year, and on 1% less, than in 2019 year. But Airbnb's revenue has dramatically exceeded that number..
Disney
Disney, On the other hand, constantly pleases the public as in their parks, and in the markets. And in the third quarter, he made great strides., revenue increased by 45%.
It canceled 42% -a decline in the third quarter 2020 of the year, despite, that the parks operated with limited capacity, and other features still don't work.
Generally, sales in the third quarter were only on 16% below the same period 2019 of the year, before the coronavirus pandemic began.
Revenue of parks recovered, having increased by more than 300% in the third quarter, or about two-thirds of the indicator 2019 of the year, and accounted for about a quarter of the company's total sales.
There is simply no other media company on the world stage., that combines best-in-class parks and resorts with an unrivalled library of movies.