Got $1,000? These 2 Top Stocks Are Great Buys Right Now

Is now really a good time to buy stocks? The market has been volatile all year, and we are in the middle of the worst recession since The Great Depression. What's more, the coronavirus pandemic is far from over. There were over 73,000 reported new cases in the U.S. and almost 1,000 deaths from COVID-19 on Tuesday alone. In turn, the pressure to swiftly develop and commercialize a safe and effective vaccine against the virus is mounting for some of the world's largest pharma and biotech businesses.

With that said, it would be a mistake for investors to focus only on the present negatives. The market will survive in the long run -- it's recovered every single loss in its history -- and it will continue to pay investors who buy shares of companies that perform well. Two stocks that I think are worth buying right now are pharma giants Pfizer (NYSE: PFE) and AstraZeneca (NYSE: AZN). If you have $1,000 at your disposal, here's why both of these drugmakers would be great additions to your portfolio.