3 Stocks That Could Take It On the Chin Due to the Coronavirus Outbreak
In the weeks since it was initially identified, the coronavirus has become a global health crisis. The most recent numbers are chilling: nearly 10,000 cases have been confirmed, claiming more than 213 lives. The outbreak, which originated in Wuhan, China, has since been labeled as a public health emergency of international concern by the World Health Organization.
The ongoing and persistent headlines concerning the illness have not gone unnoticed by Wall Street and uncertainty about the future has spread nearly as quickly as the virus. Naturally, many investors are wondering which stocks could feel the greatest impact in the wake of the epidemic.
While a prolonged outbreak could drag down much of the stock market, there are several big name stocks that have a greater exposure to the potential fallout: Royal Caribbean Cruises (NYSE: RCL), Starbucks (NASDAQ: SBUX), and Apple (NASDAQ: AAPL).
Source Fool.com
