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However, the resurgence of COVID-19 cases due to the rapid spread of the highly transmissible Delta variant and potential tax increases have heightened concerns among investors and analysts regarding the potential for a market correction in the near term. For example, Peter Cecchini, the director of research at Axonic Capital, recently asserted that “Equities are in for a sizable correction.” Furthermore, renewed lockdown measures and travel restrictions could pose considerable risks to the economic recovery.
Because the market is expected to remain volatile, we believe that if one had $2000 in disposable cash one should consider investing in market-beating stocks Eli Lilly and Company (LLY) and Oracle Corporation (NYSE:ORCL) because they possess sufficient fundamental strength to continue advancing.
