By now, investors should be aware of the devastating economic effects of COVID-19.
The pandemic is turning out to be more than just a health crisis, as many countries are forced to sacrifice their economies to stop the spread of the deadly virus.
Industries that rely on tourism and travel for survival have been badly hit.
And even as many countries are now easing their lockdowns and re-evaluating opening up their borders, it may take considerable time for economic recovery due to the uncertain nature of the pandemic.
Meanwhile, businesses continue to bleed.
Some, like Singapore Airlines Limited (SGX: C6L), may never be the same again.
On the flip side, this pandemic has also boosted certain businesses significantly.
Such businesses may have been cruising along fine all this time, but lacked a specific catalyst to enable the business to grow significantly.
COVID-19 has provided just the spark that’s needed.
Here are two stocks...