Buy These Stay-At-Home Stocks For The Coronavirus Economy, Market Experts Say

TOPLINE

Here are 20 stocks that stand to benefit from having so many people staying at home amid the coronavirus pandemic, according to Olivetree Financial.

KEY FACTS

Key background

The other stocks on Olivetree’s stay at home list include a mix of big retailers, food and beverage companies, software services and entertainment companies. The firm is bullish on Zoom (71%), which has seen its stock jump nearly 150% this year amid high demand for its remote conferencing service during the pandemic. Among the big tech companies, Olivetree is bullish on Microsoft
MSFT
(62%), while slightly less so on Google
GOOGL
parent Alphabet (51%). Out of consumer staples and food companies, the firm highlights General Mills
GIS
(72%) as its most bullish pick: The stock is up 15% in 2020 thanks to surging grocery sales. It also assigns positive sentiment scores for the Kraft Heinz Company
KHC
(63%), Wingstop
WING
(58%), Domino’s Pizza
DPZ
(52%) and Campbell Soup
CPB
(52%). The firm expects several big retailers to outperform as well, with home improvement chain Lowe’s
LOW
(67%) as its top pick in this segment. Olivetree also likes Etsy (66%), Home Depot
HD
(59%) and Target
TGT
(53%). Within the entertainment category, it highlights Activision Blizzard
ATVI
(65%) and Take-Two Interactive Software
TTWO
(60%), which will both benefit from more people playing video games while staying at home. Olivetree is also bullish on a real estate investment trust company: Prologis
PLD
(72%).

Further reading

These Stocks Will Thrive In A Post-Coronavirus World, According To Experts (Forbes)

Here Are 29 ‘Get Out And Go’ Stocks For The End Of The Coronavirus Quarantine (Forbes)

Here Are 20 Stocks To Buy In The ‘Coronavirus Economy,’ According To Market Experts (Forbes)

20 More Stock Picks For The Coronavirus Economy, According To Market Experts (Forbes)

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