Now's the Time to Buy These 3 Stocks
I think most investors will agree that it's hard to pin down the "right" time to buy stocks. The problem with holding back when markets are hitting new highs is that this trend can continue for a long time into the foreseeable future, as long as there is nothing to derail the economic expansion. Waiting for a crash in order to buy is akin to timing the market, and we all know that it's an almost impossible task.
However, there are certain events that crop up now and again that help to throw up bargains and compelling opportunities. One of the more recent ones involves a new virus called COVID-19. This new bug appeared toward the end of 2019 in China and, to date, has infected more than 66,000 people and killed more than 1,500. Markets have been in a tizzy over the economic impact wrought by the virus, as countries close their borders to Chinese nationals and China itself orders the shutting down of malls, factories, and food and beverage outlets.
With China's growing prominence in the world due to strong consumer spending and outbound tourism, there's no doubt that COVID-19 will dent overall growth and lead to economic losses for many businesses. Here are three stocks that may offer good value for investors as their businesses suffer temporary disruption from this outbreak.
Source Fool.com
