Buy This Stock Before Another Market Dip
2020 has been a wild ride and it's not over yet. The stock market crashed 30% lower in March as the COVID-19 lockdowns of the spring took effect. Then, the S&P 500 market index rebounded with a vengeance, posting a 62% gain from the market bottom on March 23. All told, we're looking at an unseasonably high year-to-date gain of 12%.
That would be fine in a normal year, without the twin specters of a shaky economy and an ongoing pandemic to worry about. This year, a strong stock market looks like a setup for a dramatic correction someday soon. If I'm right, there's no stock I would rather buy just before another coronavirus-based market crash than Amazon.com (NASDAQ: AMZN).
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