2 Tech Stocks to Play the COVID-19 Recovery
Shelter-in-place orders are getting lifted across the country, but some habits picked up during the pandemic are here to stay. That's good news for Zillow (NASDAQ: ZG) and DocuSign (NASDAQ: DOCU), the leaders in their respective industries. Both should see a boost in the post-COVID-19 world.
Prior to the pandemic, consumers and businesses could easily sign documents digitally and purchase homes online, but it wasn't the only option. That all changed with the COVID-19 quarantine, forcing consumers and businesses to adopt digital services whether they liked it or not.
Demand may ease as the world returns to a new normal, but it likely won't evaporate, positioning Zillow, and DocuSign to grow in the world that emerges. According to a recent survey by PBS NewsHour/NPR/Marist, 65% of Americans polled think it will be six months or more before there is a return to a sense of normalcy. What's more, 77% of those surveyed are worried about a second outbreak.
Source Fool.com
