4 Safe Stocks That Can Make You Rich in This Economy
Companies around the world are changing how they're doing business right now. While many businesses have been negatively impacted by the coronavirus pandemic, there are quite a few companies managing extremely well during these trying times.
In a normal market, it might seem too good to be true for a stock to be both a safe investment and a growth opportunity. However, these times are far from normal, and investors can find plenty of stocks that fit both of these criteria. Even after recovering a little from March's lows, the S&P 500 is still down 11% since the start of the year. Over 30 million unemployment claims have been filed in the U.S. since March, with economists predicting an overall unemployment rate of 16.1% for April. The last time unemployment figures were that bad was during the Great Depression in the 1930s.
If you're looking for some investment ideas right now, here are four companies that have become, or still are, safe investments in this market while having significant growth potential in the near future.
Source Fool.com
