After this month's incredible rally, investors on the sidelines may feel as if they've missed the boat. With the U.S. economy reopening and adding jobs again, the "out-of-home" plays have skyrocketed recently, as they were among the hardest hit in March's sell-off.
Meanwhile, technology stocks, after a nice run earlier in the year, have stagnated as investors rotate into more beaten-down sectors of the economy. However, technology is pushing many of the big societal trends today, from 5G communications, to cloud computing, to artificial intelligence, to e-commerce, telemedicine, remote work, and remote education. Thus, tech may also be worthy of a look after its "pause."
So, what kind of stocks should you buy today, if putting new money to work? First, whether it's an out-of-home or work-from-home stock, make sure to invest in a quality business. The times are still uncertain, and with many lower quality stocks having rebounded sharply off the lows, it's probably a good time to look at some of the larger, high-quality dividend stocks in the market.