3. Diageo (DEO)
Diageo is the world’s largest maker of branded premium spirits. If you drink liquor, chances are they make one of the brands you like—Johnny Walker, Crown Royal, Ciroc, Tanqueray—the list goes on and on. The latest data from Nielsen shows that online liquor sales during the coronavirus are booming. During the first month of the pandemic, alcohol sales were up 55% compared to the same period a year earlier. Even more impressive, online liquor sales were up 243%. That suggests that when people are sad they drink, but also when people are happy, they drink too.
4. Microsoft (MSFT):
As more people are working from home or remotely, they will become reliant on Microsoft products (Word, Excel, Powerpoint, etc). If that isn’t enough, it’s been reported that Microsoft has over 135B in cash on hand which will help them innovate and get through this coronavirus and economic downturn.
5. Church & Dwight (CHD)
If you’re not familiar with the company name, no worries, you will be familiar with what they make. Church & Dwight have major brands that capture significant market share in their respective categories which include Arm & Hammer baking soda…