Who Benefits From These Times?
- Apr 21, 2020
- 1 min read
It is undoubtedly obvious that COVID-19 has truly pushed the economy to its limits. The multitude of small businesses that have closed down and the number of them applying for loans is enormous. However, when examining companies such as Amazon and Walmart some speculate their revenue is being maximized during these times. As people limit going outside to an all time low, their online shopping tends to be increasing by the minute, and what better organization to do so with than Amazon. Moreover, the only time people leave the house is for groceries, which are also flying off the shelves. This, in conjunction with the fact that there is not any retail competition, can spell success for companies such as Walmart. As time goes on it is important to identify which stocks rise, fall, and have the potential to do both during this time.
Stay Bullish!
Comments