These 3 Stocks Have Crushed the Coronavirus
The COVID-19 pandemic has thrown U.S. stocks into a bear market, ending a decade-long run higher since the end of the financial crisis in 2009. Many favorite stocks among investors have taken hard hits, and the S&P 500 has fallen more than 25% in just the past month.
However, even in a down market, there are usually companies that are able to defy the bearishness and produce positive returns. Below, we'll look more closely at how grocery store chain Kroger (NYSE: KR), chicken-noodle specialist Campbell Soup (NYSE: CPB), and cleaning products giant Clorox (NYSE: CLX) have delivered the goods to investors who were prescient enough to see their value a month ago.
Kroger is a natural beneficiary of the coronavirus outbreak, because shoppers are loading up on essentials in preparation for closing schools, potential quarantine orders, and even shelter-in-place restrictions in some urban areas. Kroger in particular has been conscious of its customers' needs, doing its best not to limit its hours and bringing on new employees to deal with high levels of demand while keeping its stores as clean and safe as possible.
Source Fool.com
