The online payments platform, PayPal, witnessed a surge in shares during the early pandemic days, fueled by increased internet usage and record-breaking shopping app activity. However, as the economy reopened, e-commerce growth slowed down amid intense competition in the online space.
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Global Payments Inc. (GPN)
Global Payments, a financial firm providing merchant acquiring services, equips retailers with essential hardware and software tools. Offering payment terminals, accounting services, fraud detection, and more, Global Payments remains a key player in facilitating business operations
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Hormel Foods Corp. (HRL)
Hormel Foods, renowned for its canned pork product Spam, has evolved into a packaged foods company with a focus on protein-rich products. Adapting to consumer trends, Hormel now offers a diverse range, including organic meats, barbecue, salsas, guacamole, and nut products.
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Aflac Inc. (AFL)
Aflac, a leading insurance company, specialises in life and supplemental health insurance. Despite an initial downturn during the pandemic, Aflacs shares have experienced significant growth, rising from below $40 to approximately $83.
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International Business Machines Corp. (IBM)
IBM, often considered an industry veteran, faced challenges in keeping up with technological innovations. Despite trailing behind newer tech giants, IBM, with its extensive experience, remains a contender that can adapt to new trends.
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FedEx Corp. (FDX)
FedExs stock journey has been turbulent, with concerns over rising costs and potential competition from Amazon. The early pandemic boom in online shopping boosted FedExs stock, but it has since navigated challenges, reflecting the evolving dynamics of the delivery and logistics sector.
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Kroger Co. (KR)
Krogers fortunes have been mixed, initially benefitting from strategic investments in logistics and e-commerce during the pandemic. As home cooking surged, Kroger emerged as a winner, leveraging its competitive edge in grocery shopping.
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Discover Financial Services (DFS)
Discover operates its credit card network and extends credit directly to customers. With a substantial bank and profitable credit card operations, Discover has demonstrated resilience, remaining profitable even during economic downturns.
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JD.com Inc. (JD)
Chinese e-commerce giant JD.com faced a significant share price decline after a period of remarkable growth. Despite the stocks fall, the fundamentals of the company are under scrutiny, highlighting the complexities of the current market.
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Toyota Motor Corp. (TM)
Toyota, the worlds second-largest automaker, distinguishes itself with consistent sales, surpassing those of electric vehicle companies. With a measured approach to the energy transition, Toyotas leadership in hybrid vehicles positions it well in the evolving automotive landscape.