The 1,00 Point Stock Market Rise Was Different Yesterday: Investors Cherrypicked Winning Categories
This time, investors picked winning categories when the Dow Jones rose 1,000+ points yesterday (Tuesday, March 17, 2020): paper products manufacturers (toilet paper, paper towels), hand sanitizer marketers, health products companies and healthy lifestyle firms. Also hot were the handful of companies that manufacture and sell hospital-quality respirators.
The global impact of the coronavirus has intensified coverage of companies that market CBD and other health-related products. Media firms such as stockmarketpress.com feature coverage of CBD and health-related stocks such as CBD Unlimited, Inc. (OTC PINK: EDXC), Johnson & Johnson (NASDAQ: JNJ), Procter & Gamble (NYSE: PG), Canopy Growth Corp. (NYSE: CGC), New Age Beverages Corp. (NASDAQ: NBEV), GW Pharmaceuticals PLC (NASDAQ: GWPH), Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT). Aurora Cannabis Inc. (NYSE:ACB) and OrganiGram Holdings Inc. (NASDAQ: OGI).
The 1,000+ Point Stock Market Rise Was Different Yesterday: Investors Cherrypicked Winning Categories
Rather than a broad rise of stock market winners yesterday (Tuesday, March 17, 2020), investors pick and chose what they thought were winning categories in buying opportunities in the coronavirus pandemic. As the U.S. was virtually in lockdown in some ‘hotspots’ — such as Seattle and New York — investors cherrypicked stocks they liked.
The winning categories included hand sanitizers, health companies, home lifestyle firms (such as Peloton exercise equipment) and the relatively new industry of tele-medicine. The 1,000+ point stock market rise was different yesterday: investors cherrypicked winning categories.
Hand Sanitizer, Paper Goods Are Flying Off Retail Shelves: These Categories Are Stock Winners
A number of companies have been beneficiaries of buying trends in this pandemic. Hand sanitizers is one hot category right now. These manufacturers include Gojo Industries, Inc., which is privately held and makes Purell; Procter & Gamble (NYSE: PG); 3M (NYSE: MMM); Ecolab (NYSE: ECL) and Unilever Group (NYSE: UN). Johnson & Johnson makes many health-related products (NASDAQ: JNJ).
CBD Is A Calming Product In This Coronavirus Pandemic
One New York newspaper featured a viral video yesterday that showed a long line of consumers waiting outside a soon-to-be-closed CBD/Coffeeshop. Customers want product to soothe their nerves during the health crisis. They lined up to squeeze in purchases before that shop was forced to close.
The video illustrates how large a factor CBD is in homebound.consumers who need to self-quarantine during the corona crisis. CBD is a significant product that can calm nerves and this is why it is in such demand that the video shows. The 1,000+ point stock market rise was different yesterday: investors cherrypicked winning categories.
CBD Unlimited, Inc. (OTC PINK: EDXC) And The CBD Demand As A Calming Agent
CBD Unlimited, Inc. (OTC PINK: EDXC) is participating in this trend of CBD demand Additionally, CBD product needs to be a high quality product, perceived to be a healthy alternative for home-bound consumers. Just as hand sanitizer may be an important cleanliness necessity today, CBD is also seen globally as a product which needs to be top quality and healthy for the body. Coronavirus fears drive hand sanitizer boom; CBD as calming agent also in demand during pandemic.
As retailers scramble to keep shelves full of hand sanitizer, the coronavirus keeps many countries on lockdown orders. Workers are using computers at home and restaurants are only making food available in the U.S. on a dine-out basis. The global lifestyle changes are unprecedented. Coronavirus fears drive hand sanitizer boom; CBD as calming agent also in demand during pandemic.
CBD Unlimited, Inc. (OTC PINK: EDXC) Offers CBD Products That Addresses Key Elements
CBD is not a cure for coronavirus although its properties address key elements. It is known to offer anti-viral, anti-inflammatory and anti-bacterial properties. It also acts as an effective treatment for nausea and vomiting, which can be induced by the coronavirus in humans. Firms such as CBD Unlimited, Inc. (OTC PINK: EDXC) continue the mission to expand product lines, enter into new classifications and acquire innovative and entrepreneurial companies.
Consumers Seek Health-Related Products And CBD As A Calming Agent
CBD Unlimited, Inc. (OTC PINK: EDXC) ensures its CBD products are highest quality, American-manufactured and tightly controlled by a corporate seed-to-shelf manufacturing strategy. Its hemp is certified and grown in Colorado and Kentucky. It has premium genetics and superior quality, the company said in its recent Corporate Presentation. Its extracts in processing are rich in phyto-cannabinoids and terpenoids which are non-psychoactive. Product is cGMP Certified (Good Manufacturing Practice Certification).
CBD Unlimited, Inc.’s (OTC PINK: EDXC) Hemp Is U.S. And Seed-To-Shelf Strategy Ensures Consistency and Top Quality
Consumers want to make sure any products they consume is top quality. CBD Unlimited, Inc.’s (OTC PINK: EDXC) is able to do that with its seed-to-shelf marketing strategy that ensures complete control over the growing, processing and marketing process. Also, some 70% of all CBD sales are made online.Where other in-demand products may be unavailable on the shelf, but some 70% of CBD is sold online where it is available to consumers in abundance.
Source: Stock Market Press
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