SJM - Coronavirus Survivor Stocks: 3 Winning Companies to Watch
It's been a tough year for the stock market as the spread of the coronavirus has created a pandemic around the world. That's been enough to send the S&P 500 (SNPINDEX: ^GSPC) down more than 25% so far in 2020, and many fear that even bigger declines could come soon.
However, some stocks have been able to keep climbing despite the downward pressure on the overall market. Although many of the companies that have gained ground in 2020 are in the pharmaceutical and biotech industries and are linked to efforts to come up with treatments or vaccines for the COVID-19 disease, some other companies with businesses largely unrelated to the coronavirus are defying also the downturn. Below we'll look at all three to see how they've gotten the job done.