Which companies might see increasing consumption in Coronavirus Outbreak?
The Covid-19 outbreak has shaken more than 150 countries on the planet.
Though the consumption across all sectors is up for a toss with IMF declaring that the world has entered a recession, there could be a silver lining for some industries.
Industries with increasing consumption could possibly be:
Though the consumption across all sectors is up for a toss with IMF declaring that the world has entered a recession, there could be a silver lining for some industries.
Industries with increasing consumption could possibly be:
- Healthcare and Medical Services
- Insurance - Life, Term etc-
- Broadband Services
- DTH Connections
- OTT Platform Subscriptions
- E-Commerce - In geographies where the lockdown allows the deliveries to happen.
All the above-mentioned industries might just witness a momentarily bump up in numbers. In the long run, the sooner we get over Covid-19, the better it is for world economy.
A detailed opinion piece on this can be accessed HERE.
Stay Safe.
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