Stocks to Buy in the Age of Coronavirus — Market Mad House

When catastrophe hits the stock market, stupid people sell while smart people buy.

Therefore, the coronavirus pandemic could be a great opportunity to pick up some great stocks at a low price. Hence, now is the time to start bargain hunting in the markets if you have the money.

Thus it could be a great time to follow the advice of 19th Century British banker Baron Rothschild who reportedly said: “Buy when there’s blood in the streets, even if the blood is your own.” In other words, coronavirus could be a great opportunity for contrarian investors.

Essentially, contrarian investing means buying when everybody else is selling. Thus, a contrarian investor goes shopping when everybody else is panicking. Thus, now could be the time for contrarian investing.

Contrarian Stocks for the Age of Coronavirus

I think there are many good contrarian investments in today’s stock market. Some great contrarian stocks for the Coronavirus age include:

1. Boeing (NYSE: BA)

Boeing’s price fell from $317.90 on 24 February 2020 to $95.01 on 20 March 2020 but rose back to $158.73 on 25 March 2020.