PTON - Stay-at-home trade looks to be finishing 2020 strong

Some of the favorite stay-at-home stocks of 2020 are ahead of broad market averages on the day as investors weigh some of the COVID-19 developments out of Europe, where restrictions are being tightened on rising cases and reporting on a new strain in the U.K.Chewy ([[CHWY]] +6.8%), Blue Apron ([[APRN]] +4.1%), Peloton Interactive ([[PTON]] +2.3%), Fiverr International ([[FVRR]] +6.0%), Nautilus ([[NLS]] +3.7%), Target ([[TGT]] +1.3%) and Carvana ([[CVNA]] +3.1%) are all higher during a session that has the S&P 500 Index in negative territory. It is not just COVID headlines propelling those names, as more analysts are backing the thesis that many pandemic trends will stay sticky even after broad vaccinations.The broad market is off its lows for the day.

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Stay-at-home trade looks to be finishing 2020 strong