3 Surefire Stocks to Watch In The Coronavirus Pandemic
Due to the coronavirus pandemic, it would seem that stocks of infection control companies are no-brainer investments, but it's not that simple.
While companies and healthcare facilities have become more vigilant when it comes to preventing disease, the pandemic has also considerably slowed business for some clients of infection control businesses. With fewer people traveling and eating out, the hospitality industry is bringing in less business. While hospitals are being even more careful about infection control, fewer people are visiting their physicians and dentists, so infection control business from those industries has also fallen.
But these circumstances actually present a real opportunity. As more businesses re-open, there will be a growing need for infection control expertise. This industry was already expected to grow at a 6.3% compound annual growth rate (CAGR) through 2027, according to one report published before the pandemic began.
Source Fool.com
