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Defensive stocks typically do well in more economically challenging times, and with COVID-19 convincing more people to stay at home, Gruma (OTC:GMKKY) (OTC:GPAGF) (GRUMAB.MX) has definitely benefited in terms of volume and margins. While the tailwinds that are driving higher volumes and margins today will almost certainly abate, if not reverse, in a year or two as life goes back to normal, I do believe Gruma may be picking up some long-term market share that will drive improved long-term results as well.