In the past few months, several dramatic measures have been taken to combat the coronavirus, including mandatory quarantines, lockdowns, and stay-at-home orders. In numerous places in the U.S., the measures have failed to contain the deadly SARS-CoV-2, and many Americans feel uneasy about partaking in group activities. As a result, the demand for at-home digital health and fitness services has skyrocketed.
Take, for example, WW International (NASDAQ: WW) and Peloton Interactive (NASDAQ: PTON), whose stock prices have risen by more than 25% and 100%, respectively, over the past three months. That completely dominates the S&P 500's return of 14% during the same period. What's more, I think the two stocks' rallies are far from over.
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