3 Beaten-Down Stocks to Buy With Your Stimulus Check
The first batch of stimulus payments, part of the $2.2 trillion coronavirus relief bill, will be deposited in Americans' bank accounts this week. Adults will receive $1,200, subject to income limits, plus an additional $500 for each child.
If you need that money to help your family get through this crisis, you shouldn't even think about investing it. But if your emergency fund is topped off and your employment situation is stable, the stimulus cash could be put to good use in the stock market. Three hard-hit stocks worth considering are Skechers (NYSE: SKX), Cisco (NASDAQ: CSCO), and AT&T (NYSE: T).
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Source Fool.com
