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2 Stocks That Are Soaring Because of the COVID-19 Pandemic
By The Smart Investor  •  July 3, 2020
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...
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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