BGS, KR, UNFI, AMZN Surge Amid Online Grocery Sales Rising

COVID-19 has been pushing online grocery sales to 9% in June as compared to May. Fear of being infected is driving consumers to order groceries online from platforms like Amazon, Kroger, United Natural Foods, and B&G Foods. Investors slowly buying their shares while revenues go up steadily.

Slow growth in these stocks may trigger long term aiming traders flock in masses. Cheaper ones may soar drastically but Amazon is expected to surge slowly.

Complete end of COVID-19 is still uncertain and online shopping for groceries is going to be rising. If the second wave comes possible lockdown might be practiced again. Therefore, stocks and revenues of grocery selling online retailers may face a dramatic number of orders.