It’s interesting to see how China, the instigator of this virus (apparently Taiwan as well) has managed to control the COVID-19 virus. Canada and the USA will probably at some point be forced into instigating a wide stay at home policy. China instigated a 30-day shut-down of everything – including an enforced stay-home policy. This was done early in their crisis, leading the country to quickly enable strong controls and stabilization of their economy.
Some stocks may benefit from a more serious commitment in North America to isolation policies:
Netflix hasn’t lost a beat in this selloff. You don’t cancel your entertainment subscription when all you have left to do is watch movies at home.
Pizza – a cheap way to feed the family, and its delivered!
The stock is retesting a breakout point, and has done much better than the markets.
Speaking of home delivery…
The king of them all, Amazon, is doing so much online business that they’re adding 100,000 new jobs. The stock has been as steady as the rock of gibraltar.
Business by internet
Lots of companies in this space. I’m using TeamViewer right now to tap into my desktop, having returned from a march break trip to florida and doing the 2 week quarantine. A public stock that helps companies do business over the internet (ideal for the current situation) is Docusign. Check the steady-eddy chart for this stock.
Do you have any steady looking stocks to share with your fellow readers? Post your comments below and let’s make this a community thing. I appreciate all of those who leave constructive opinions and comments – we’re all in this thing together!