Jim Mellon: Reflections from a small island

Jim Mellon has recorded a special lockdown update for the Master Investor Community. Below is a summary of the companies mentioned, to watch the full video please click here [https://masterinvestor.co.uk/videos/thought-leadership/]

Please post your comments below and we will pass on to Jim.

Key themes to explore
Climate change (Agronomics LON:ANIC)
Longevity

Currency
– The value of USD is likely to go down because of inflation
– Gold and silver are still a good opportunity
– GBP, Yen and Singapore Dollar likely to increase in value relative to USD

Banks
– Look for banks with good dividend yields (even if deferred)
– Lloyds Banking Group (LON:LLOY)
– JP Morgan (NYSE:JPM), Goldman Sachs (NYSE:GS)

Energy
– Vertically integrated Oil companies will do well as threat of Covid-19 reduces
– UK: BP (LON: BP), Shell (LON:RDSB)
– USA: Conoco Phillips (NYSE:COP)

Defensive stocks during Covid-19
– Amazon (NASDAQ:AMZN)
– Disney (NYSE:DIS) offering a good family alternative option to streaming services like Netflix
– Supermarkets like Tesco (LON:TSCO) and Costco (NASDAQ:COST), together with Kraft Heinz (NASDAQ:KHC)
– Pets at Home (LON:PETS)

Biotech
– AbbVie (NYSE:ABBV)
– Gilead (NASDAQ:GILD)
– BioHaven (NYSE:BHVN)

Japanese stocks based off USD devaluation
– Toyota (LON:TYT or TYO:7203)
– Denso (TYO:6902)

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