Coronavirus Crash: 3 Risk-Reward Dividend Stocks to Buy Right Now
2020 has quickly gone from a pretty mundane start to a year that will be heavily featured in world history classes for decades to come. The novel coronavirus that causes the deadly COVID-19 illness has become one of the quickest-spreading and farthest-reaching infectious diseases in modern times. Our ability to move people and goods so quickly has spread it to every country in a matter of months. As a result, nearly every major nation is taking drastic steps to arrest the spread just to buy time, and the global economy is being dragged to a screeching halt.
Consumer discretionary retailers like Macy's (NYSE: M) are temporarily closing stores, while automakers like Ford (NYSE: F) have shut down North American factories. Both companies have suspended their dividends. Dozens more companies could join them in the weeks and months ahead, and a lot of those companies will struggle mightily. More than a few won't survive.
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Source Fool.com
