While most stocks were getting hammered last week, stocks of companies that make protective masks and suits were soaring. Today, they popped even more!
Lakeland Industries (NASDAQ: LAKE), which produces protective clothing such as the ChemMax 1 hazmat suit, popped another +47.7% today and traded higher in the after-hours trading, up to $32/share from Monday's close of $29/share.
Alpha Pro Tech (AMEX: APT), which makes face masks, coveralls and other protective apparel, gained more than +35% today to close at $10.05. APT traded above $11 this evening.
Sharp Compliance (NASDAQ: SMED), which makes medical-waste management products such as "sharps" containers for used needles and blades, traded as high as $6.797 and closed at $5.55 today. SMED were trading above $6 this evening.
I think it'll be difficult to chase these stocks. We'll keep a watch on these. They may be good potential downside plays when the Ebola crisis is contained. Or better yet, for everyone's sake, let's hope an effective treatment is found soon!
Happy Friady and HappyTrading! ™