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Will these shares become brilliant ’growth stocks’ after the coronavirus crisis?

The coronavirus pandemic will change the way we live our lives in many, many ways. Some likely changes are more obvious than others at this early stage. I recently explained how home working is likely to grow in popularity following the pandemic, and discussed some firms that could become top growth stocks as a result.

It looks as if conditions on the high street might never be the same after Covid-19, either. The government has announced plans for more retailers like clothes, electricals, and furniture shops to reopen. But shoppers need to be ready for a serious deterioration in the shopper experience.

Things like implementing one-way systems in stores, maximum visitor numbers, and restrictions on trying out products are just a few of the things we can expect on 15 June. Certain of these measures could well last a long time as authorities try to prevent an explosion in new Covid-19 cases. They could stay in place to protect the population against future pandemics too.

Chart displaying growth

Retail changes

Retailers who have been investing huge sums in their online propositions will be encouraged to accelerate their plans. Of course, retailers with comprehensive multichannel strategies and online-only operators will have most to gain from this likely phenomenon. I’m talking about the likes of clothes sellers like ASOS and Boohoo, electricals giant AO World, and grocery plays Tesco and Ocado.

Companies that play a critical role in these retailers receiving and fulfilling their online orders should also benefit. Tritax Eurobox and Urban Logistics, for examples, owners and operators of large warehouses and distribution hubs, also stand to gain. Providers of retail-related software and IT services like Unisys should also benefit as retailers boost spending on e-commerce infrastructure.

More top growth stocks?

It’s becoming clear that sellers of hygiene products are likely to report increased demand following the Covid-19 crisis. It’s not just the practical measures that businesses will have to bring in, like introducing hand sanitiser points. The psychological fallout that the disaster movie of the past few months has had on all of us will boost our need for cleanliness, too.

PZ Cussons has reported strong sales of its soaps and hand sanitisers during the pandemic. Reckitt Benckiser, too has seen demand for its disinfectants rip higher. It’s a trend that appears here to stay in response to peoples’ fears over more deadly diseases emerging. Reckitt chief executive Laxman Narasimhan recently said he expects “a stepping up in both penetration and frequency” when it comes to the sales of the FTSE 100 firm’s hygiene lines.

Reflecting this ‘new normal’, Henkel – which saw sales of its Dial soap detonate in the first quarter – plans to roll out new antibacterial personal care and homecare products, according to media reports. The social and economic consequences of the pandemic will be long term and colossal, sure. But there are likely to be many ways that share pickers can ride new trends. Some truly brilliant growth stocks are likely to emerge from the rubble.

A Top Share with Enormous Growth Potential

Savvy investors like you won’t want to miss out on this timely opportunity…

Here’s your chance to discover exactly what has got our Motley Fool UK analyst all fired up about this ‘pure-play’ online business (yes, despite the pandemic!).

Not only does this company enjoy a dominant market-leading position…

But its capital-light, highly scalable business model has previously helped it deliver consistently high sales, astounding near-70% margins, and rising shareholder returns … in fact, in 2019 it returned a whopping £150m+ to shareholders in dividends and buybacks!

And here’s the really exciting part…

While COVID-19 may have thrown the company a curveball, management have acted swiftly to ensure this business is as well placed as it can be to ride out the current period of uncertainty… in fact, our analyst believes it should come roaring back to life, just as soon as normal economic activity resumes.

That’s why we think now could be the perfect time for you to start building your own stake in this exceptional business – especially given the shares look to be trading on a fairly undemanding valuation for the year to March 2021.

Click here to claim your copy of this special report now — and we’ll tell you the name of this Top Growth Share… free of charge!

Royston Wild has no position in any of the shares mentioned. The Motley Fool UK owns shares of and has recommended ASOS. The Motley Fool UK owns shares of PZ Cussons. The Motley Fool UK has recommended boohoo group and Tesco. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.