Australia markets open in 6 hours 15 minutes
  • ALL ORDS

    6,403.10
    +6.30 (+0.10%)
     
  • AUD/USD

    0.7134
    +0.0083 (+1.18%)
     
  • ASX 200

    6,191.80
    +7.20 (+0.12%)
     
  • OIL

    40.11
    -1.59 (-3.81%)
     
  • GOLD

    1,930.80
    +15.40 (+0.80%)
     
  • BTC-AUD

    18,021.20
    +2,335.27 (+14.89%)
     
  • CMC Crypto 200

    257.71
    +12.82 (+5.23%)
     

2 Stocks to Buy Before a Coronavirus Vaccine Arrives

Matthew Frankel, CFP, The Motley Fool
·5-min read
2 Stocks to Buy Before a Coronavirus Vaccine Arrives
2 Stocks to Buy Before a Coronavirus Vaccine Arrives

Here's why Ryman Hospitality Properties (NYSE: RHP) and Empire State Realty Trust (NYSE: ESRT) are two of the more beaten-down reopening stocks that could rebound sharply once a vaccine is available, and why patient investors with a relatively high risk tolerance might want to put them on their radar. The hotel industry was obviously hit hard by the pandemic, but hotel real estate investment trust Ryman Hospitality Properties was impacted at a whole different level. Unlike most hotel operators, Ryman focuses most of its efforts on group business -- think conferences, conventions, holiday events, etc. Those types of gatherings simply aren't happening right now, and realistically won't come back until well into 2021.