In Tuesday’s Blitz Daily, we’ll take a look at grocery industry giant Kroger after shares surged on fears around the rising number of coronavirus cases.
As the world battles a wave of new delta variant COVID-19 infections, traders far and wide are dusting off 2020’s lockdown playbook and piling into grocery store stocks. One of the biggest winners in the flight to safety so far is The Kroger Co. (NYSE: KR). Typically a low-beta name, shares spiked more than 4% from Monday’s close as retail and institutional traders alike snapped up stock and options contracts.
But that wasn’t the only massive buying hitting The Blitz Tracker on Tuesday. I have three more names you need to know about, including another flight to safety stock you won’t see in many headlines…
Disclaimer & Disclosures The information in this email is intended for informational purposes only and does not guarantee specific results as there is a high degree of risk involved with trading. Also, our traders are real traders and may have financial interests in the companies discussed. Please see our Terms and Conditions for more information.
0 Response to "Traders Dust Off Pandemic Playbook as Cases Climb"
Post a Comment