Covid-19 upended the economy, turned the wheel of fortune for businesses and impacted the lives of many. Its effects are still unfolding even after 9 months since the outbreak started. The end is nowhere in sight.
Some businesses emerged as winners with obvious reasons – digital transformation accelerated by months, if not weeks. Zoom for meetings and classes. G-suite for work. Netflix for entertainment. Facebook for social connection. You name it.
There’s little wonder that tech stocks have been rallying and reporting solid financial results as we turn to digital solutions to stay connected and work remotely.
But in this article, I want to talk about the less obvious beneficiaries of Covid-19 and I have 3 listed stocks to share.