Today, we see a grocery icon in Singapore (Sheng Shiong) who just became a billionaire in Singapore because the shares of his grocery chain rose 30% following increased demand as a result of the covid-19 outbreak.
There are similar stories around the world – Jeff Bezos of Amazon also benefited from the crisis. In short, Businesses that have a digitalised process or provide products & services that support digitalised businesses stand to gain during this period.
So if you are an investor, would this likely be one Major part of your diversified portfolio? Comments?