In this week’s video insight Roger discusses companies set to benefit from the news of a vaccine. Some of the companies that were beaten down during the pandemic – those we believe would inevitably recover once a vaccine was announced – have bounced, but they are yet to fully reflect a return to normal, or in some cases even a return to subnormal. One company to clearly benefit from higher levels of activity is Qantas, while another, Megaport recently reported high levels of connection activity following a COVID inspired slowdown in June and July.
The Montgomery Small Companies Fund owns shares in Megaport. This video was prepared 18 November 2020 with the information we have today, and our view may change. It does not constitute formal advice or professional investment advice. If you wish to trade Megaport you should seek financial advice.