3 of the most popular stay-at-home stocks just hit all-time highs as coronavirus cases climb
all gained Monday, hitting fresh record highs as investors weighed mounting coronavirus cases against data showing a US economic recovery. The stocks have outperformed the broader market this year as investors see them performing well amid a recession and coronavirus-induced lockdowns that keep consumers at home.
An uptick in new cases of COVID-19 is fueling the most recent leg of the stay-at-home stock rally. The US reported more than , the highest levels since early May, according to data from Johns Hopkins. On Sunday, the World Health Organization reported that new COVID-19 cases hit a single-day record.
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