With President Trump battling corona virus, it could be argued that Joe Biden’s changes of winning the presidency are becoming greater.
Friday 10/2 marked a day of a potential re-org in the stock market. We saw the market itself down 500 and then recover which marked a shift from pharmaceuticals and big tech into more industrials which would support a green new deal.
An article in the Wall Street Journal notes those that would be most negatively affected by a Biden Tax Plan. It is quoted:
“Mr. Biden’s tax plan would lead to estimated double-digit percentage declines in profits for the information-technology, communication-services and consumer-discretionary sectors, BofA’s analysis found. Those groups, which are leading the charge in the S&P 500 this year, are home to Apple Inc., (NASDAQ: AAPL), Microsoft Corp. (NASDAQ: MSFT), Google parent Alphabet, Inc. (NASDAQ: GOOG), Facebook Inc. (NASDAQ: FB) and Amazon.com Inc. (NASDAQ: AMZN).
If we’re looking to be a bit defensive, Here is a company that might be on the winning side of the same situation:
Take a look at Glucose Health, Inc. (OTC Pink: GLUC). Glucose Health manufacturers nutritional beverages for the diabetic-adult nutrition consumer retail category under the registered trademark GLUCODOWN®.
Now… more than 100 million U.S. adults are now living with diabetes or prediabetes, according to a new report released by the Centers for Disease Control and Prevention (CDC).
Despite being on the shelves of Walmart (NYSE: WMT), CVS Health (NYSE: CVS) and online at Amazon.com (NASDAQ: AMZN), GLUC is still trading below a $30 million valuation.
GLUCODOWN® is infused with a special form of diabetic fiber demonstrated in more than 20 clinical studies to help maintain healthy blood sugar levels and regular digestive health.
See all of their products here;
Glucose Health, Inc. (OTC Pink: GLUC) just announced unprecedented consumer demand and 2nd quarter fiscal 2020 sales. 2nd quarter fiscal 2020 revenues increased 186% compared to the 2nd quarter of fiscal 2019 – in fact, Q2 2020 revenues were just $7,140 short of tripling 2nd quarter 2019 revenues.
What are the revenues of this company going to look like when the latest GLUCODOWN® numbers are reported for Q3 and Q4?
Over the past 12 months, GLUC has seen a range of approximately $.20 – $1.90 per share and with only 12.5 million shares outstanding, GLUC could be the best value in the diabetes space and should be on everybody’s watch list.
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