Ten Coronavirus Stock Buffett has adopted this tried and tested strategy to accumulate a lot of stock market wealth, and it can.
The COVID-19 coronavirus pandemic has brought tremendous fear to the market. Many short-term investors were panicked and stock prices fell.
But the opportunity is here.
By staying wise and maintaining a long-term perspective, you can calmly start buying stocks of large companies at low prices and position yourself as a profitable company when the market finally recovers.
If this sounds tempting, read on for information on ten outstanding companies that not only survived the pandemic, but also thrive, and their stocks can help you profit from the recent market downturn. Many
companies are using Shopify (NYSE: SHOP) tools to advertise on Facebook. More than a million merchants rely on e-commerce platforms to provide services such as online store design, payment processing, shipping and working capital loans. Shopify is also building a new fulfillment network, and in the coming months, e-commerce companies may strongly demand coronavirus-related needs.
Like Facebook, Netflix (NASDAQ: NFLX) may benefit from the COVID-19 pandemic with longer downtime. For just $ 8.99 per month, people can watch almost unlimited movies and shows. Netflix may also see growth in some of its international markets, and many international markets are implementing blockades and home-based isolation due to COVID-19.
With so many children coming home from electronic arts, many parents may consider electronic arts (NASDAQ: EA) 's new video game streaming service a valuable investment. For just $ 4.99 per month or $ 29.99 per year, gamers can get unlimited playing time on many of EA's best games. Children (and adults) can have fun, parents can get some much-needed peace, and Electronic Arts can earn recurring income. Everyone wins.
Peloton Interactive COVID-19 and a crowded and sweaty gym are not great options. So during the pandemic, many people gave up going to the gym, even after the disease was brought under control. Peloton (NASDAQ: PTON) may be the main beneficiary of more people choosing to exercise at home. Peloton makes home fitness equipment such as treadmills and stationary bikes. Although expensive, the demand for wealthy fitness enthusiasts is high.
Teladoc (NYSE: TDOC) has huge demand for its video conferencing services. Teladoc specializes in telemedicine or services, enabling healthcare professionals to provide medical consultations via video conferencing applications on patient smartphones, tablets and computers. Telemedicine services will play a vital role in the fight against COVID-19, as doctors around the world are working to expand the services available to patients, especially those who cannot reach traditional treatment centers. As a global leader in virtual care, Teladoc will benefit from this trend.
Zoom video communication
is the same as Teladoc. Due to the pandemic, Zoom's business (Nasdaq: ZM) has also exploded. When offices and facilities were closed due to COVID-19, thousands of businesses and schools were using the company's video conferencing technology to communicate with employees and students. Zoom is increasing its users at an alarming rate, and its revenue may surge in the coming quarters.
Find out why Zoom Video Communications is one of the 10 best stocks to buy now
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News References: https：//www.nasdaq.com/articles/top-10-coronavirus-stocks-to-buy-right-now-now-2020-03-21