These 3 Stocks Might Just Be Immune to Coronavirus
As the novel coronavirus outbreak enters its third month, Wall Street has finally succumbed to fears that the disease may continue to spread.
For investors looking at the major stock market indices last week, it was like watching a slow-motion train wreck. In just 10 trading session (or less), the Dow Jones Industrial Average (DJINDICES: ^DJI), the S&P 500 (SNPINDEX: ^GSPC), and the NASDAQ (NASDAQINDEX: ^IXIC) have each entered correction territory, losing 14.3%, 13.4%, and 12.6%, respectively, as of this writing. By definition, a correction has occurred when an index has fallen 10% or more from its recent highs.
Watching this all play out can be unnerving, but it can also represent a compelling opportunity for investors with cool heads. While many businesses will suffer some negative effects from the health crisis, some are better positioned than others to ride it out, and potentially even benefit from the situation.
Source Fool.com
