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What stocks to invest in during the Covid-19 Coronavirus pandemic?

Are there any stocks worth investing on during the pandemic crisis like COVID-19 CoronaVirus? Well, according to these 5 stocks looks promising.

  1. Slack – Companies around the world have turned to remote work in an effort to mitigate further COVID-19 infections. With all signs showing that the coronavirus is here to stay for quite some time, many businesses are going to have to embrace remote work as a long-term solution.
  2. Teladoc – Just as COVID-19 has pushed companies to embrace remote work, concerns about the virus have led healthcare organizations and patients to embrace telehealth services in lieu of in-person appointments. During the many press briefings regarding the virus, President Trump has consistently mentioned the importance of telehealth services. The federal government, specifically the Department of Health and Human Services (HHS), has recently pulled back rules that otherwise restricted Medicare beneficiaries from using these services.
  3. Gilead Sciences – Companies working on a treatment for COVID-19 have quickly become hot stocks in the market. While many of these companies are early-stage biotech stocks, there are fair number of established healthcare giants working in this scene as well.
  4. Clorox – While not as exciting as some of the other stocks on this list, Clorox (NYSE:CLX) is seen as one of the few safe havens for more conservative investors during this bear market. As a leader in providing professional cleaning products, Clorox’s appeal has historically been as a dividend stock, with the company offering a 2.5% dividend at the moment (slightly higher than the S&P 500 average).
  5. – While some stores, such as grocery stores and pharmacies, will still remain open no matter what, many retailers have decided (or been instructed) to either drastically reduce their hours or simply close their stores until COVID-19 dies down a little. With more people than ever sitting in their homes in an attempt to reduce needless exposure to the virus, online commerce is expected to become even more prevalent than it already is.

Could have been anyone’s pick if you know much about the stock markets and current situation that people would need mask, cleaner and a way to get them fast like Amazon, no brainer.

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