3 COVID-Proof Retailer Stocks You Can Buy Now
Binary narratives are powerful, mostly due to their simplicity. Ultimately, there's something authoritative in believing one solution is clearly right and the other is definitively wrong. Unfortunately, this simplicity obscures the fact that binary narratives are often wrong, mostly owing to the fact that things are more nuanced than they initially appear.
In today's stock market, the biggest such narrative is the "stay-at-home trade" versus the "reopening trade." In the retail sector, this narrative is certainly not true. In fact, the winners during the COVID-19 pandemic will be the ones that will continue to win when we return to normal.
Therefore, COVID-proof companies that invested in the e-commerce channel, like Walmart (NYSE: WMT), Target (NYSE: TGT), and Amazon (NASDAQ: AMZN), will continue to win share.
Source Fool.com
