3 Coronavirus Winners Hitting New Lows
You don't need to be a distributor of hand sanitizer or a promising biotech racing against the clock to find a COVID-19 vaccine to be seen by the market as an all-weather investment in this challenging climate. Some of the stocks bucking last week's sell-off included video conferencing, in-home fitness, and telehealth specialists.
Upwork (NASDAQ: UPWK), Lyft (NASDAQ: LYFT), and LivePerson (NASDAQ: LPSN) haven't been as fortunate. All three stocks have hit fresh 52-week lows over the past week, despite having some traits that should find them surviving (if not outright thriving) in a climate with the coronavirus threat intensifying. Let's look at why these three out-of-favor investments seem to be positioned well for challenging times.
Image source: Lyft.
Source Fool.com
