Romantic Investment Opportunities for Valentine’s Day
Romantic Investment Opportunities for Valentine’s Day
By: Stacey Nickens
Talking about stocks and bonds may not sound like the most romantic dinner conversation. Couples often fight over money and finances, so why would you want to mix investment decisions with your Valentine’s Day plans?
However, I have seen many individuals lovingly gift investments to partners, children, grandchildren, and other family members. Helping someone invest, or talking about investments with your loved ones, can assist you and your family in developing better communication skills and better financial literacy skills. On top of it all, you have the opportunity to help someone prepare for their financial future.
That being said, you could consider showing love this Valentine’s Day by gifting or discussing some of these potentially romantic investment opportunities.
Disney (DIS)
Disney is the mother of so many iconic love stores: Cindarella, Beauty and the Beast, Lady and the Tramp, and many others. You could always pare a discussion about Disney stock with a re-watch of a romantic Disney classic, and you wouldn’t be the only one enjoying Disney movies. Disney+, Disney’s streaming service, has seen increased subscribership during the pandemic. Disney+ hosts such popular new TV shows as The Mandalorian as well as their classic content. With Disney+ drawing old fans and new fans alike, the streaming service is already taking some of the market share currently monopolized by Netflix.
Disney stock has benefited from demand for their streaming service. As of early February 2021, Disney stock has grown 44% over a three-month time frame. This growth is also occurring during a pandemic when Disney’s theme parks and cruises have taken a hit. Knowing this, a Disney investment could experience additional growth following the successful distribution of a COVID vaccine.
iShares Clean Energy ETF (ICLN)
By increasing your exposure to the clean energy market, this ETF could allow you to show some love to the environment for Valentine’s Day. This ETF holds such companies as Plug Power, a developer of hydrogen fuel cells, or Emphase Energy, a designer and manufacturer of home energy solutions. Many of these alternative energy companies could see a boost under the Biden administration, and this ETF could give you broad-based exposure to some of those companies. Even without significant regulatory changes, the ETF is already growing. Since the beginning of November, the ETF has grown over 50%.
AbbVie (ABBV)
Do you know someone who has been impacted by arthritis, psoriasis, or Crohn’s disease? These chronic illnesses impact so many families, and AbbVie is one of the biopharmaceutical companies working to develop treatments for these illnesses. Investing in AbbVie could be a way to show support and love to someone suffering from one of these conditions. Moreover, AbbVie is also working on antibody treatments for COVID-19, setting up the company for additional growth moving forward. Income-oriented investors may also be drawn to AbbVie’s current dividend yield: 4.75%.