Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

4 Reasons Amazon Is a Top Stock To Buy During the Coronavirus Sell-Off


The stock market has fallen into its first bear market in more than 11 years, pushed into the abyss by the outbreak of illness caused by the COVID-19 coronavirus. As the panic selling increased, the tendency by investors to sell off both good stocks and bad has created what is perhaps the best opportunity in more than a decade to get high-quality stocks at a significant discount.

One stock that has been punished along with many of its peers is Amazon.com (NASDAQ: AMZN), yet there are many reasons to believe that not only will the e-commerce giant survive the coronavirus-induced difficulties, but will actually emerge from the downturn an even better and stronger company.

While the selling frenzy that has gripped investors in recent weeks may not be over, that doesn't mean investors should shy away from the current bargains. Let's look at four reasons investors should consider adding Amazon, before Wall Street comes to its senses.

Continue reading


Source Fool.com

Like: 0
Share

Comments