Three Companies I Like: Costco, Walmart and Walgreens (Here’s the One to Play Now)
Let’s get started on today’s Trade of the Day…
Two stocks that members have played before in The War Room – and that I continue to like – are Costco and Walmart.
Right now, the Costco options premiums are insane – which could open the door for you to trade Walmart.
You see, right now, after years of preparation, Walmart’s online grocery business is having its so-called “big moment.”
Here in the new “virus economy,” online grocery shopping has surged – and Walmart stands to capitalize.
Its curbside pickup, which requires less human contact, could make it the primary e-grocer in America.
Right now, Walmart is capturing a massive 58% market share of new e-grocer customers.
Look at these stats…
Walmart has 3,200 locations that allow you to pick up groceries curbside, and 1,600 of those locations deliver straight to your door.
Plus, 90% of Americans live within 10 miles of a Walmart – and 56% of Walmart’s sales are now from groceries.
When it comes to a winner, it sure looks like Walmart is ready to be the new Amazon of this virus economy.
Here’s another thought…
As soon as America finally decides to take this virus seriously, which I think is now starting to happen, you could see a run of people going to Walgreens (Nasdaq: WBA) to stock up on healthcare supplies – similar to what we saw people doing with toilet paper last week.
If and when that happens, Walgreens should receive a bump – and some safe-haven buying interest.
The key word here is “should.”
Action Plan: Given how Costco and Walmart have popped recently, I like the idea of using this pullback on Walgreens to establish an upside position going into April.
If Walgreens follows suit, this could be another safe-haven winner in the midst of this market madness.
Join me in The War Room today – and you could be the next one to share your success story on how you made $15,000 in one day…
“Amazing first 5 days trading on your recommendations! I made all of my trades while traveling the intercoastal on a boat. Yeah me! More than enough money to fill the tanks daily! Today alone, I pocketed over $15,000.” – Deborah C.