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Lawrence McOchillo

Are there good stocks in the current market?


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Hi Lawrence, yes there are a few stocks that are performing slightly better than the rest in the current market where most stocks are down due to the COVID-19 pandemic. Some of these stocks are Walmart Inc (NYSE:WMT), Nike Inc (NYSE:NKE) and Netflix (NASDAQ:NFLX), which have recently rallied from their lows.

These are companies whose products and services are still in high demand despite the government restrictions on their citizens' movement in most countries. Companies such as Netflix have witnessed high demand for their services as people stay home and stream movies, while Walmart has seen a rise in demand for food and hygiene products stocked by the retailer.

There is no guarantee that these companies will keep rallying higher but you can be sure that they will not have gone bankrupt by the time the COVID-19 pandemic is over.

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