Got $1,400? 3 COVID Stocks to Buy and Hold for the Long Term

There's a pretty good chance that you now have an extra $1,400 on your hands. The latest round of stimulus payments has already been distributed to many Americans. If you meet the eligibility criteria, your payment should be on the way if you haven't already received it.

The best thing to do with the money is to pay off any outstanding bills and make sure you have an emergency savings account established. What's the next best thing to do with your stimulus payment? Invest it.

One top alternative for investing your newfound cash is to buy stocks of companies that provide coronavirus testing, therapies, or vaccines. Even with hopes that the end of the pandemic might be near, COVID-19 will likely remain with us for a long time to come. But problems also present opportunities for investors. If you've got $1,400 to invest, here are three COVID stocks to buy and hold for the long term.

Source Fool.com