Several companies bore the brunt of the coronavirus-led economic shutdown while only a few flourished. And comprehensibly, the biggest gainers have been the so-called work-from-home or WFH stocks. Notably, many companies involved in video conferencing and cloud storage have seen their shares outpace the broader market so far this year, in some cases doubling or even tripling.
And many experts now opine that the work-from-home trend is poised to continue since there’s no telling how long the pandemic will last. Thanks to the current reopening process, there has been an unabated increase in coronavirus cases in nearly 30 American states. Johns Hopkins University added that the seven-day average for coronavirus cases is currently higher than the 14-day average, an indication that the virus spread is intensifying.
Nonetheless, the work-from-home trend that began as a momentary way to keep employees safe is now becoming a permanent initiative for large companies like