1 Dirt Cheap Tech Stock to Buy as the Market Crashes
Nearly every stock has been hammered over the past few weeks as the novel coronavirus transitioned from an outbreak in China to a global pandemic. There are now over 4,500 confirmed cases and 85 deaths in the United States, and dramatic measures like school closings, restaurant dine-in restrictions, and other business closures have been implemented to help slow the spread.
Every company is going to be negatively affected by the pandemic as the U.S. economy slows. A recession now appears certain. Some industries, like airlines, are being decimated by plunging demand. Other industries, like e-commerce, should hold up better. But the pain will be widespread.
Buying any stock as the market tumbles is painful, but that pain is the price you must pay if you want solid long-term results. The stock market's returns aren't free.
Source Fool.com
