Companies that embrace the old fashioned motor car are being singled out by analysts as top stock picks amid expectations they will recover from the pandemic much faster than airports and airlines.
With the aviation industry largely crippled by COVID-19 and people fearful of using public transport because of the difficulties of social distancing on trams, trains and buses, the car has been elevated as a transport choice for commuters still heading to work, and for weekend journeys.
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Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com
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Tom Richardson writes and comments on markets including equities, debt, crypto, software, banking, payments, and regulation. He worked in asset management at Bank of New York Mellon and is a member of the CFA Society of the UK as a holder of the Investment Management Certificate. Connect with Tom on Twitter. Email Tom at tom.richardson@afr.com
