Got $2,000? Smart Investors Are Buying These Stocks Hand Over Fist.
What an absolutely wild time to be an investor. Since mid-February, Wall Street and investors have witnessed a peak decline in the benchmark S&P 500 of 34% -- a decline, mind you, that took less than five weeks -- as well as one heck of a rebound that sent the technology-heavy Nasdaq Composite to an all-time high above 10,000.
At the heart of this volatility is the sheer uncertainty tied to the coronavirus disease 2019 (COVID-19) pandemic. Even though nonessential business shutdowns have mostly ended, business activity isn't exactly ramping up as quickly as when it was halted. This likely portends a period of protracted struggles for the U.S. economy.
However, periods of panic and fear have historically opened the door for investors to buy into game-changing companies at a discounted price. Though the short-term is usually driven by emotion, operating earnings and market potential eventually drive long-term gains.
Source Fool.com
