3 Tech Stocks That Are Beating the Coronavirus Bear Market
Many stock investors continue to worry as the COVID-19 pandemic has driven markets lower at record rates. The coronavirus has created a global tragedy with the total number of cases crossing 3 million, and the number of deaths surpassing 208,000 at the time of writing.
Over the past four weeks, some stocks have seen a partial recovery, but many continue to trade significantly lower than record highs set earlier this year. Several economists are predicting a recession far worse than the one experienced in 2008-09, which suggests equities are likely to remain volatile for the remainder of 2020.
With interest rates nearing record lows, the stock markets still seem to be the best place to park your funds to generate decent returns on investment. While most industries are grappling with lower consumer spending, three tech companies have seen a surge in demand for their products and services, driving stock prices higher this year. Let's take a closer look at them and see if these three companies are worth investing in.
Source Fool.com