THE COMPANIES CASHING DURING LOCK DOWN

THE COMPANIES CASHING DURING LOCK DOWN

The spread of corona virus has had a devastating impact on many sectors with some being brought to their knees.

These are the sectors that stand to win from the pandemic and those who have already begun cashing during lock-down also.

1. ONLINE STREAMING SERVICES

Video streaming services including Netflix, Disney plus, Amazon prime, you tube, HBO max are well insulated from the impact of the disease. Some major companies like Amazon prime offering 30-days free trail to the user. By this situation you can understand how the competition is among them. That’s why these online streaming services are cashing more on these days.

2. VIDEO CONFERENCING APPS

During lock down every one locked to their homes including employees also and due to this reason Companies having to change the way they work and fast. If many had been hesitant to make widespread use of video conferencing they are now scrambling to get to grips with the technology.

ZOOM video communications is one of the companies which seen its share price boom (Increased).

3. PREVENTATIVE MEASURES

Aside from curing the virus, people are also desperate to prevent it Companies producing Sanitizer’s and wipes have obviously seen their shares soar the valuation of Companies manufacturing face mask has also surged. More over so many Companies are profited during lock down by selling Sanitizer’s, wipes and masks.

4. PHARMACEUTICALS

Any business that finds a cure for the disease is sure to end up posting large profits moderna is an American drug discovery and development company hoping to do just another stock that has already benefited from the rising number of cases in Novacyt which produce test kits to diagnose for corona virus. The present share price of this Company is 55.54 USD.

5. HOME FITNESS

All that time spent cooped up indoors is likely to leave any people in need of some brisk exercise step forward peloton interactive , the provider of live streamed workouts to an army of Million of bedroom fitness enthusiastic. Because now a Days very one is interested to build their body and that’s why so many fitness centers conducting online classes to their customers and cashing more during lock-down.

6. VIDEO GAMES

Away from work people are Seeking diversions that do not involve travel and human contact and that’s good news for the video game industry. Global mobile game downloads announce that games like Brain out, honor of kings and PUB-G were among most popular choices.

7. GROCERY DELIVERY

Hungry families have turned back to good old fashioned fresh groceries which they prepare themselves as meals for their loved ones. In India big basket would represent the most obvious candidate to benefit with competition provided by big super markets like reliance mart, best price. But this grocery delivery is only available in major cities like Delhi, Mumbai, Chennai, Bangalore.

THESE ARE THE COMPANIES CASHING DURING LOCKDOWN

DONE BY: VENKAT 

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