NetBrands Corp (NBND)

[ProfitScout]

I also see there is a special opportunity for higher than normal product sales and revenue income in the grocery sector at this time due to consumers heavily stocking-up because of the coronavirus issue. This will likely be the case for the balance of 2020, at least.

From the GDMK news:

According to CNN.com, "Grocery Outlet (GO), an 'extreme value' supermarket chain with around 350 stores, mostly on the American West Coast, is capitalizing on shoppers stockpiling groceries during the outbreak and the havoc across supply chains. The grocer, which does not sell online, went public last year and sells its products 40% below conventional supermarket prices. It said Tuesday that sales at stores open for at least one year increased 5.1% during its most recent quarter."

The report stated: "The coronavirus is crippling most American industries. But it's also creating opportunities for some unexpected businesses. Grocery Outlet's business model is a lot like TJX (TJX), the parent company of T.J.Maxx, Marshalls, HomeGoods. This may put it in a strong position to succeed during the crisis and beyond, analysts say."

According to the CNN review, "There's a huge amount of supply chain disruption going around right now, and this imbalance between supply and demand is a positive for Grocery Outlet's business."