Stock investors have put the pandemic shock behind them. How can they position their portfolio for more upside?

The year 2020 was a disaster for economies and financial markets across the world. Covid-19, which was declared a pandemic in March, had not only claimed more than 1.8 million lives, it had also substantially reduced economic activity and caused the prices of many asset classes to plunge, owing to various measures to curb the spread of the virus.

But this year, things are looking brighter. Major financial markets have rebounded and more. The US stock market, for instance, has completely recovered from the Covid-19 slump and is scaling new highs.

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