3 Coronavirus-Resistant Tech Stocks to Buy in May
COVID-19 is the worst public health disaster in recent memory. And no country will be spared the impacts of lockdowns, supply chain disruption, and global recession. According to World Bank estimates, the pandemic will shrink global gross domestic product (GDP) by 3% this year. And that forecast is sure to make tech investors think twice about buying stocks right now.
The good news is that some companies are well-suited to this challenging environment, and they are set to grow amid the catastrophe. With that in mind, here are three coronavirus-resistant technology stocks to buy in May.
The first pick, Zynga (NASDAQ: ZNGA), is a bet on the fast-growing mobile-gaming industry; the other two, DocuSign (NASDAQ: DOCU) and Zoom Video Communications (NASDAQ: ZM), are investments in the work-from-home revolution. All three stocks are poised to beat the market amid the coronavirus pandemic.
Source Fool.com
