3 Reasons You Should Buy Amazon Stock Before There's a Coronavirus Vaccine
Without question, COVID-19 has made an impact across the economy, particularly with retailing. The contagion appeared to benefit companies like Amazon (NASDAQ: AMZN), simply because it allows for shopping while greatly reducing the risks associated with going to crowded stores.
Conversely, this might also create investor fears that a coronavirus vaccine could hurt the consumer discretionary stock as it could result in pre-pandemic buying patterns returning.
Such an occurrence may create questions about Amazon sales (and the potential effect it might have on the company's stock price) in the near term, but prospective buyers have three good reasons to ignore those worries and buy Amazon stock despite the concerns.
Source Fool.com
