These 3 COVID-19 Stocks Have Further Room To Run
For investors, 2020 has been something of a paradox. America is working through two parallel tragedies. The first is a disease that has claimed nearly 300,000 American lives as of this writing. The second is financial: In the second quarter, real GDP fell by a third. , the worst annual decline since the Bureau of Labor Statistics started keeping records in 1947. Today, the U.S. unemployment rate hovers near 7%. Despite that, the stock market continues to advance, with major indexes now sitting near all-time highs.
While it can be argued that the market's rise is due to extraordinary efforts by the Federal Reserve, and by earlier fiscal support from Congress, there's more to it than simply helicopter money and "YOLO" day traders. The pandemic has pushed the technology adoption curve forward three to five years and shown that critical tasks can be fully performed online.
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Source Fool.com
