In: Accounting
Go to Motley fool website. Scan the content or pick any article. Write at least one paragraph to summarize the item you picked and what you learned from it. Be sure to include which website you chose, and reference the section of the website where you found the item or article you wrote about.
https://www.fool.com/investing/2020/03/25/why-the-coronavirus-can-only-send-walmart-stock-hi.aspx
Walmart is the epic example of one of the best stocks amongst all in this pandemic condition of Coronovirus. During hardship of Coronovirus , Walmart is providing its full support and being the provider of necessities it is the least unaffected stock. It is fighting from every possible end and using strategy of comprehensive development for better growth during tough times.
Walmart is taking care of drivers who are involved in logistics , stores have special time provision for elderly people , hygiene of employees serving at stores and meeting demand of customers. Walmart has an edge over other competitors such as Amazon due to presence of both online and physical stores. Small retail shops are closed due to pandemic and demand of such retail shops has also been shifted to Walmart and other big stores.
From this Article it is very evident that stocks of companies involved in supply of basic necessitites coupled with good business ethics are evergreen stocks and must be included in your portfolio for longer terms.