WFH stocks should be labeled as WFA stocks

*This is not financial advice. All content should be considered opinionated. We are not responsible for any of your gains and losses. I am neither a licensed or registered financial expert. Please see a financial advisor before making investment decisions. 

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The coronavirus pandemic has lead to a huge shift in the way people work. Instead of working at the office, people had to work from home in order to obey lockdown protocols while continuing to do their job. It's interesting that stocks that provided any products or services that contribute to the transition to working from home were doing tremendously. 

As the lockdown is slowly being lifted and society steadily goes back to normal, some investors worry that the "work from home" stocks will sell-off as demand for their products and services will decrease. Meanwhile, as the majority of the population got a taste of working from home, it'll be interesting to see whether people prefer to work from home or work in the office. 

Something that many investors need to realize is that a lot of the "work from home" names like Slack, Citrix Systems, Ring Central, Zoom, etc. should be considered "work from anywhere." Think about it. If those tools allowed people to complete work from home, then those tools can also be used to finish work at hotel rooms, airplanes (if there's wifi), a coworking space, another person's house, etc. 

Photo by Mimi Thian on Unsplash

Many businesses will start realizing the savings they'll reap when they start having more of their workers work from home rather than in the office as rent costs will be a lot lower. Also, many workers will realize that working from anywhere is a great luxury to have. Because of it, many that live in expensive places like Silicon Valley and Seattle can relocate to cheaper areas and still be able to work and continue to earn their wages like normal. Others will take it a step further and even travel the world while completing their work (inspired by The 4-Hour Workweek).

With the pandemic going away, I don't see a reason for many of the "work from home" stocks selling off as their services will continue to be in demand. If they do, then a deep dive would be needed before any attempts to buy the dip on them.