NVDA - 2 Top Stocks to Buy If the Coronavirus Pandemic Takes a Turn for the Worse
The novel coronavirus has infected more than 14 million people across the world, and nearly 600,000 people have died from COVID-19 as of July 18, according to a Reuters tracker. But the worst may be ahead of us according to the latest warnings from leadership at the World Health Organization.
For instance, coronavirus infections in the U.S. are spiking once again, and a similar trend is taking place in Eastern Europe. Shelter-in-place orders and lockdowns are also making a comeback in certain countries such as India. We have already seen how such developments can affect the stock market, which underwent a massive correction in March this year, so the chances of another plunge should not be ruled out.
In that case, investors should take a closer look at NVIDIA (NASDAQ: NVDA) and Glu Mobile (NASDAQ: GLUU) -- two stocks that have thrived amid the uncertainty as their businesses have benefited from the lockdown measures that have become common across the world.