The novel coronavirus has primarily altered the investing panorama. Many sectors that had been already struggling, like vitality and brick-and-mortar retail, have seen their sluggish declines flip into abject free fall. Fully completely different corporations, akin to video gaming and work-from-home software program program program corporations, are booming. Many corporations that originally plunged are actually turning into large rebound stocks.For example, you gained’t ponder Indonesian copper miners or Brazilian value processors as pure beneficiaries of the current financial state of affairs. Nonetheless these are among the many many off-the-radar rebound stocks which are thriving presently.Listed under are three stunning rebound stocks which are making large comebacks this summer time season season:Freeport-McMoRan (NYSE:FCX)Baidu (NASDAQ:BIDU)PagSeguro Digital (NYSE:PAGS)Rebound Stocks: Freeport-McMoRan (FCX)Present: MICHAEL A JACKSON FILMS / Shutterstock.comOnce extra in March, the coronavirus pandemic was in full drive. Freeport-McMoRan tumbled beneath $5, and retailers had been scared. Nonetheless shortly after the stock hit that low, I acknowledged that the corporate’s CEO had been spending a complete lot of a whole lot to purchase the stock, and I furthermore supplied an optimistic forecast. Certain, the coronavirus has depressed short-term financial practice, and thus the demand for base metals. The market, nonetheless, solely priced in that draw once more and uncared for the potential restoration. Fortuitously, astute retailers had been capable of reap the benefits of that mis-pricing.Whereas the U.S. continues to be struggling to fully administration the pandemic, in China and a great deal of fully completely different nations all all over the world, financial practice is approaching “normal” ranges. Consequently, industrial patrons are rapidly returning to the copper market.On account of this resurgent demand, world copper inventories are falling, and are actually far beneath the five-year frequent ranges for this time of yr. And now, the price of copper is up 3% year-to-date. FCX stock has adopted this superb trajectory. It’s now up 14% primary in 2020.Along with copper’s run, Freeport-McMoRan can even be drawing gasoline from a rallying gold price and the stunning announcement that the corporate has been producing extra copper and gold than it had beforehand forecast. That’s notable as many mining operations face manufacturing shortfalls on account of virus.In actuality, a part of copper’s power is because of mine closures in Chile and Peru. Nonetheless Freeport-McMoRan has boosted manufacturing regardless of the headwinds.The unexpectedly sturdy steering despatched analysts scurrying to revise their earnings estimates. Though a slim annual loss is more likely to be nonetheless contained in the collaborating in enjoying playing cards for this yr, earnings per share ought to simply extreme $1 subsequent yr, assuming copper and gold costs maintain spherical present ranges. The corporate has invested fastidiously in new initiatives that may carry much more manufacturing on-line. This might carry EPS to $2 in coming years.Dangers maintain, in any case. The recovering world financial system might sputter as rapidly as as quickly as further, and the virus might make a second — or third — wave. Nonetheless extraordinarily environment friendly long-term demand traits normally are likely to push the copper price and Freeport’s shares hundreds elevated than they’re presently.Baidu (BIDU)Present: StreetVJ / Shutterstock.comIn July, Baidu launched plans to spice up funding in cloud computing, synthetic intelligence, data providers and fully completely different new infrastructure over the next 10 years to rearrange for “the smart economy of the future.”“New infrastructure — which encompasses emerging technologies like AI, cloud computing, 5G, [internet of things], and blockchain — will be the driver for China’s economic development in the coming decades,” CTO Haifeng Wang outlined.To determine a administration place contained in the techno-future it anticipates, the corporate has laid out a plan to have 5 million clever cloud servers operational by 2030, and to show 5 million AI professionals inside 5 years.There isn’t a assure Baidu’s grand AI ambitions will translate into sturdy earnings development, however the company is pointed throughout the acceptable route. We furthermore know that Baidu is worth it and possesses a rock-solid stability sheet with higher than $20 billion in cash and equivalents. And on account of resurgent financial practice in China, the corporate should earn about $6.50 a share this yr, rising to about $8.50 subsequent yr. At that diploma of earnings, the stock may presumably be promoting for merely 15x earnings.Baidu stock furthermore trades for lower than 3x revenues. That’s terribly low-cost for web corporations normally, and in contrast with fully completely different info suppliers notably. Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) goes for higher than 6x product gross sales in the direction of this. With compelling profitability and valuation ratios, and a great cloud technique for the next decade, Baidu’s customers will seemingly be richly rewarded.Rebound Stocks: PagSeguro Digital (PAGS)Present: rafastockbr / Shutterstock.comAttempting to purchase an excellent stock in a nasty market is mostly a recipe for failure. And in early March, that’s precisely what an funding contained in the Brazilian value processor PagSeguro seemed to be: a failure. The stock had crumbled 70% from its excessive above $50 closing September to lower than $15. Nonetheless since that low, the stock has higher than doubled. That makes it top-of-the-line stocks in one amongst many world’s hardest-hit stock markets.12 months-to-date, PagSeguro is now up 30%, regardless that the ultimate Brazilian stock market continues to be down. Brazil’s struggling stock market isn’t any thriller, because of the nation goes through one amongst many world’s worst coronavirus outbreaks. Political uncertainty can even be rising.That’s a grim backdrop for any Brazilian company, together with PagSeguro. And nonetheless, the corporate nonetheless managed to offer spectacular year-over-year development all via the first quarter. Just a few pertinent highlights would come with:24% enhance in energetic retailers on its value platform27% bounce in earnings13% acquire in web earnings10% enhance in cash on the stability sheetIn the meantime, PagSeguro continues to take market share from its opponents. This frequent market-share development outcomes immediately from the corporate’s technique to draw a complete lot of a whole lot of small and micro-merchants to its platform. In a manner, that’s quite like Sq.’s (NYSE:SQ) model throughout the US. Get a sturdy place with energetic small corporations, after which use that to assemble out a broader monetary platform. Like Sq., PagSeguro is launching a web-based bank to broaden its enterprise. Brazil is an underbanked nation, and thus there’s an excessive amount of room for a disruptive monetary suppliers company to attain beforehand untapped channels.Moreover, the corporate appears to be benefiting from the coronavirus in two methods. First, PagSeguro’s core purchaser base of micro-merchants are the kind of entrepreneurs who can’t afford to shelter in place. They need to work to eat, they usually additionally’re persevering with to carry out all through the coronavirus disaster in Brazil. Second, PagSeguro’s platform provides touchless funds. Ensuing from virus fears, touchless funds are gaining steam in opposition to cash.Making an attempt future, PagSeguro’s technique rigorously resembles the uber-successful model Tencent (OTCMKTS:TCEHY) pioneered in China with its WeChat platform. Many Chinese language language language use WeChat Pay like a kind of digital concierge to conduct dozens of incessantly duties. They’ll info a shared automotive experience, conduct touchless transactions specifically particular person or on-line, purchase observe and airline tickets, spend cash on stocks, pay utility funds, and even purchase and cope with their medical insurance coverage protection.PagSeguro’s bank is creating an similar suite of apps and suppliers that prospects can reap the benefits of by the use of its platform. Backside line: PagSeguro is performing terribly accurately contained in the midst of hostile macroeconomic situations. Irrespective of short-term obstacles, shares can attain new highs in 2021.Eric Fry is an award-winning stock picker with pretty a few “10-bagger” calls — in good markets AND dangerous. How? By discovering potent world megatrends… prior to they take off. And by the use of bear markets, you’ll need to have his “blueprint” in hand prior to stocks go south. Eric doesn’t personal the aforementioned securities.