2 Stocks to Buy If You Are Worried About the New Coronavirus Variant

The coronavirus pandemic still isn't over. Last week, reports of a new strain of the virus that causes the disease started circulating. The variant in question is called omicron. It first arose in South Africa, and it could prove more contagious than previous variants. At this point, it is difficult to know what impact omicron will have on the worldwide economy, but it seems to have spooked investors already, at least momentarily.

All three major U.S. indices dropped sharply on Nov. 26, mainly due to these new omicron-related developments. For investors worried about the new variant, it might be worth considering stocks that performed well amid the worst of the pandemic back in 2020. Two such companies are Moderna (NASDAQ: MRNA) and Netflix (NASDAQ: NFLX).