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Blow over? This will not just blow over

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Nebuchadnezzar   Monday, 03/16/20 11:07:02 AM
Re: fung_derf post# 954
Post # of 1010 
Blow over? This will not just blow over and the money spent on grocery stores is legendary on a nation-wide basis.

They will have to keep coming back as restaurants, casinos and bars are closing.

They have no where else to put most of their discretionary income and the longer u stay home the more u eat.

These are better than cash as some are trading at low PE multiples and could have special dividends or use extra cash to buyback stock and pay down debt

Some stores just did a months worth of business in 5 days.

KO is great here but will have loss due to sports issues. KO could hit $35 by the time this hits hard


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