Have $1000 to invest? These 3 High-Risk, High-Return Stocks are Buys Right Now

The novel coronavirus is causing cities, states, and countries to halt non-essential economic activity around the world. Ridesharing has been hit particularly hard as people are encouraged to stay home, colleges and universities are shifting to online learning, and so many other frequently made trips are no longer happening.

Uber (NYSE: UBER) and Lyft (NASDAQ: LYFT) have seen shares fall 45% and 30%, respectively, from their recent highs, while Tesla (NASDAQ: TSLA) has seen its shares fall over 40% from its recent peak. Let's look at why this could be an opportune time to pick up shares of these incredible growth stocks that are facing headwinds caused by the coronavirus outbreak. 

High-risk, high-reward stocks are selling at lower prices amid the coronavirus pandemic. Image Source: Getty Images. 

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Source Fool.com