These 3 Stocks Look Cheap After the Coronavirus Sell-Off
The past month has witnessed some unprecedented volatility in the equity markets. This extreme volatility is likely to continue for a while as governments around the world try to address the adverse effects of the COVID-19 pandemic. This pandemic has led to a partial or total shutdown in many countries as well as border closings and has completely decimated several economic sectors.
Between Feb. 19, 2020, and March 24, 2020, major indexes such as the Dow Jones Industrial Average and the S&P 500 fell by 30% and 29% respectively.
A marketwide correction across industries like this one can provide an opportunity to buy high-quality stocks at lower valuations. Let's take a closer look at three such stocks that have, based on their current prices, become much more attractive in terms of valuation as potential additions to your investment portfolio.
Source Fool.com