The following is an excerpt from Zacks Chief Strategist John Blank’s full May Market Strategy report To access the full PDF, click here.
The obvious immediate impacts of COVID-19, which the U.S. Government is trying to mitigate through a series of legislation, are:
- About one in five people in the United States have lost working hours or jobs, and documented unemployment is over 15%
- Hotels are empty, tourism has stopped
- Airlines are operating at 5-10% of capacity awaiting billions in government support as 70% of the world airline feet is now parked
- Almost all Retail Stores are closed in most of the U.S., as 50 state governors roll out their states’ phased reopening plans
- Restaurants and 300,000 other small businesses are closed, surviving for a month or two on billions in government support
Consumer spending, which drives the U.S. economy, has been hit hard by the pandemic, with the exception of very few areas where spending supports the 200 million Americans now at home.The Consumer spending winners of the shelter-in-place environment have been Delivery Services like Amazon (AMZN - Free Report) , Media and Streaming like Netflix (NFLX - Free Report) and Disney (DIS - Free Report) , Gaming like Activision-Blizzard , Liquor, Warehouse Clubs, Online Grocery and, surprisingly, Supermarkets, where a large hoarding trend dominated shoppers’ buying decisions at the start of the pandemic.
Over the long term, New Economy Models will evolve to become the new normal in three broad areas of Consumer Non-Durables: retailing, airlines, and hospitality. The marketing departments in these sectors and industries have already begun attempting to win back customers by implementing social distancing measures, which reduce capacity and increase the cost to provide services and by offering low price giveaways to overcome their customers’ fear of contracting COVID-19.
This is an excerpt from Zacks Chief Strategist John Blank’s full May Market Strategy report To access the full PDF, click here.
Just Released: 5 Stocks Set to Double
Four Zacks experts each announce their single favorite pick with potential to gain +100% and more in the months ahead. Today, download the private Special Report that names these stocks and spotlights why their upside is so exceptional.
See Stocks Now >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
The following is an excerpt from Zacks Chief Strategist John Blank’s full May Market Strategy report To access the full PDF, click here.
The obvious immediate impacts of COVID-19, which the U.S. Government is trying to mitigate through a series of legislation, are:
Consumer spending, which drives the U.S. economy, has been hit hard by the pandemic, with the exception of very few areas where spending supports the 200 million Americans now at home.
The Consumer spending winners of the shelter-in-place environment have been Delivery Services like Amazon (AMZN - Free Report) , Media and Streaming like Netflix (NFLX - Free Report) and Disney (DIS - Free Report) , Gaming like Activision-Blizzard , Liquor, Warehouse Clubs, Online Grocery and, surprisingly, Supermarkets, where a large hoarding trend dominated shoppers’ buying decisions at the start of the pandemic.
Over the long term, New Economy Models will evolve to become the new normal in three broad areas of Consumer Non-Durables: retailing, airlines, and hospitality. The marketing departments in these sectors and industries have already begun attempting to win back customers by implementing social distancing measures, which reduce capacity and increase the cost to provide services and by offering low price giveaways to overcome their customers’ fear of contracting COVID-19.
This is an excerpt from Zacks Chief Strategist John Blank’s full May Market Strategy report To access the full PDF, click here.
Just Released: 5 Stocks Set to Double
Four Zacks experts each announce their single favorite pick with potential to gain +100% and more in the months ahead. Today, download the private Special Report that names these stocks and spotlights why their upside is so exceptional.
See Stocks Now >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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