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. Utterly completely completely fully completely fully completely completely different corporations, akin to video gaming and work-from-home software program program program program program program program program program corporations, are booming. Many corporations that originally plunged are actually turning into giant rebound stocks.As an illustration, 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 many many many many many many off-the-radar rebound stocks which is likely to be thriving presently.Listed beneath are three enticing rebound stocks which is likely to be making giant comebacks this summer season season season season 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 whole lot of a whole lot to purchase the stock, and I furthermore outfitted an optimistic forecast. Optimistic, the coronavirus has depressed short-term financial apply, and thus the demand for base metals. The market, nonetheless, solely priced in that draw as shortly as extra and uncared for the potential restoration. Fortuitously, astute retailers had been capable of reap some good benefits of that mis-pricing.Whereas the U.S. continues to be struggling to completely administration the pandemic, in China and fairly numerous fully completely completely fully completely fully completely completely different nations all far and intensive on the earth, financial apply is approaching “normal” ranges. Consequently, industrial patrons are shortly 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 wonderful trajectory. It’s now up 14% major in 2020.Along with copper’s run, Freeport-McMoRan may even be drawing gasoline from a rallying gold price and the partaking 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.The fact is, 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 extra extra extra extra further vulnerable to be nonetheless contained contained all through the collaborating in having fulfilling with collaborating in having pleasing with having gratifying with having enjoyable with collaborating in enjoying playing cards for this yr, earnings per share ought to simply extreme $1 subsequent yr, assuming copper and gold costs defend spherical present ranges. The corporate has invested fastidiously in new initiatives that may carry far more manufacturing on-line. This may carry EPS to $2 in coming years.Dangers defend, in any case. The recovering world financial system may sputter as shortly as as shortly as extra, and the virus may make a second — or third — wave. Nonetheless terribly setting good long-term demand traits sometimes usually are inclined to push the copper price and Freeport’s shares a whole bunch elevated than they’re presently.Baidu (BIDU)Present: StreetVJ / Shutterstock.comIn July, Baidu launched plans to spice up funding in cloud computing, synthetic intelligence, info suppliers and fully completely completely fully completely fully completely 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 hunt out out a administration place contained contained all through the techno-future it anticipates, the corporate has laid out a plan to have 5 million clever cloud servers operational by 2030, and to diploma 5 million AI professionals inside 5 years.There isn’t a assure Baidu’s grand AI ambitions will translate into sturdy earnings enchancment, nonetheless the company is pointed all by way of the suitable route. We furthermore know that Baidu is worth it and possesses a rock-solid stability sheet with elevated than $20 billion in cash and equivalents. And on account of resurgent financial apply in China, the corporate ought to 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 sometimes, and in distinction with fully completely completely fully completely fully completely completely different info suppliers notably. Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) goes for elevated than 6x product product product product gross sales contained all through the route of this. With compelling profitability and valuation ratios, and a implausible cloud methodology for the next decade, Baidu’s prospects will seemingly be richly rewarded.Rebound Stocks: PagSeguro Digital (PAGS)Present: rafastockbr / Shutterstock.comAttempting to purchase an lovely stock in a nasty market is normally a recipe for failure. And in early March, that’s precisely what an funding contained contained all through the Brazilian value processor PagSeguro appeared 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 elevated than doubled. That makes it top-of-the-line stocks in a single amongst many world’s hardest-hit stock markets.12 months-to-date, PagSeguro is now up 30%, regardless that the final word phrase phrase Brazilian stock market continues to be down. Brazil’s struggling stock market isn’t any thriller, on account of nation goes by one amongst many world’s worst coronavirus outbreaks. Political uncertainty may even be rising.That’s a grim backdrop for any Brazilian company, together with PagSeguro. And nonetheless, the corporate nonetheless managed to supply spectacular year-over-year enchancment all by way of the first quarter. Just a few pertinent highlights would come with:24% enhance in energetic retailers on its value platform27% bounce in earnings13% buy in web earnings10% enhance in cash on the soundness sheetIn the meantime, PagSeguro continues to take market share from its opponents. This frequent market-share enchancment outcomes immediately from the corporate’s methodology to draw a whole lot of a whole lot of small and micro-merchants to its platform. In a fashion, that’s pretty like Sq.’s (NYSE:SQ) model all by way of 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 know 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 sort of entrepreneurs who can’t afford to shelter in place. They need to work to eat, they usually furthermore’re persevering with to carry out all by the coronavirus disaster in Brazil. Second, PagSeguro’s platform offers touchless funds. Ensuing from virus fears, touchless funds are gaining steam in opposition to cash.Trying future, PagSeguro’s methodology rigorously resembles the uber-successful model Tencent (OTCMKTS:TCEHY) pioneered in China with its WeChat platform. Many Chinese language language language language language language 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 notably specific specific specific specific particular person or on-line, purchase observe and airline tickets, spend cash on stocks, pay utility funds, and even purchase and address their medical insurance coverage protection safety security safety security safety security.PagSeguro’s bank is creating an comparable suite of apps and suppliers that prospects can reap some good benefits of by way of its platform. Backside line: PagSeguro is performing terribly exactly contained contained all through the midst of hostile macroeconomic circumstances. Irrespective of short-term obstacles, shares can attain new highs in 2021.Eric Fry is an award-winning stock picker with pretty quite a lot of “10-bagger” calls — in good markets AND dangerous. How? By discovering potent world megatrends… earlier to they take off. And by way of bear markets, you’ll might want to have his “blueprint” in hand earlier to stocks go south. Eric doesn’t personal the aforementioned securities.