Member-only story

Stocks that could Make Money from Coronavirus — Market Mad House

Daniel G. Jennings
8 min readMar 17, 2020

--

Bizarrely, the coronavirus could be good for the stock market and value hunting investors. Strangely, there are many companies that could profit from the coronavirus.

Moreover, the coronavirus is great for bargain-hunting investors. The Standard & Poor’s (S&P) 500 fell from 3,886.15 on 19 February 2020 to 2,480.64 on 12 March 2020. However, the S&P 500 rose back to 2,711.02 on 13 March 2020.

I think the S&P 500 is going up because investors recognize there are many companies that could make money from the coronavirus. Consequently, stock pickers who identify those companies could make money from coronavirus.

Companies that could Make Money from Coronavirus include:

1. Amazon (NASDAQ: AMZN)

Social distancing could boost Amazon’s online sales because people want to avoid going out to sales. In particular, you could have the delivery person put the order on your porch and have no contact with her.

In addition, people will be watching more Amazon video because they will close the movie theaters. However some experts claim coronavirus could disrupt Amazon’s supply chain, Vice claims. Additionally, Amazon is investing heavily in automated stores that minimize…

--

--

Daniel G. Jennings
Daniel G. Jennings

Written by Daniel G. Jennings

Daniel G. Jennings is a writer who lives and works in Colorado. He is a lifelong history buff who is fascinated by stocks, politics, and cryptocurrency.

No responses yet