3 Reasons to Buy Facebook Stock in the Wake of Coronavirus

The spread of COVID-19 (a disease caused by a novel coronavirus) has wreaked havoc on the financial markets, and seemingly no company is immune to the fallout. As the markets get pummeled, though, smart investors will look for buying opportunities.

Facebook (NASDAQ: FB) is near the top of my list of stocks to buy as share prices continue to go down. While it might not be immune to the problems caused by the coronavirus pandemic, it has several characteristics that make it a strong buy in the current market environment.

Image source: Facebook.

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Source Fool.com