Lawrence McOchillo Posted March 27, 2020 Share Posted March 27, 2020 Which stocks are rallying in the current market sell-off triggered by the COVID-19 pandemic? Quote Link to comment Share on other sites More sharing options...
0 Simon Mugo Posted March 27, 2020 Share Posted March 27, 2020 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. Quote Link to comment Share on other sites More sharing options...
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Lawrence McOchillo
Which stocks are rallying in the current market sell-off triggered by the COVID-19 pandemic?
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