U.S. Sees Worst Single-Day Coronavirus Spike: Buy This Stock to Protect Against Another Crash
Tuesday was a grave day in the U.S., with a surge of 60,000 new cases of COVID-19 reported, and more than 1,100 fatalities according to data from Johns Hopkins. This marks the country's worst single-day spike to date, and the news gets even gloomier: The total number of coronavirus cases in the U.S. has surpassed a grim milestone, topping 3 million.
With the likelihood for additional lockdowns looming, and no end in sight to the stay-at-home and remote work orders still blanketing the nation, the potential for another market crash seems to be rising with each passing day.
This leaves investors wondering what stock could provide the best protection against the possibility of another decline. Given the diversity of its offerings and the tailwinds caused by changing consumer behavior, Amazon.com (NASDAQ: AMZN) is best-positioned to withstand another market crash. Here's why.
Source Fool.com
