COVID-19 has set a gloomy tone in our lives and the economy. Each day, we received new cases of infection as well as deaths. Many businesses stay shut and some shut for good. The stock market experienced the fastest crash in history and economists projected negative GDP growths around the world.
Amidst this gloom, there were some businesses that benefited from the pandemic, or should I even say that they have prospered. In the worst of times, their share prices went on to set record highs! This is a list of outperforming stocks in the U.S. (except one in Singapore and a couple in Hong Kong) grouped according to their sectors.
SupermarketsWe all witnessed the frantic buying at supermarkets around the world or even participated in it ourselves. Toilet papers, instant noodles, pasta, canned food, rice, diapers and what not, were stocked at home as there were fears about
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