VMD - 4 Strategies for Investing During the Coronavirus Pandemic
COVID-19 isn't going anywhere, not anytime soon at least. For investors, that means it's time to adapt and invest based on strategies that may be successful amid the pandemic. By holding investments in your portfolio that are able to do well even during adverse conditions like those that exist today, you'll save yourself some stress and possibly even earn a good return along the way.
Below, I'll show you four different investing strategies, involving 3M (NYSE: MMM), Teladoc Health (NYSE: TDOC), Abbott Laboratories (NYSE: ABT), and Viemed Health (NASDAQ: VMD). These companies all sell products and services that are in high demand during the pandemic. Here's a closer look at the different approaches and why each stock could be an attractive buy right now.
3M offers a wide variety of products, but one area that's likely to remain strong is protective equipment. Masks, respirators, protective equipment, and cleaning materials are just some examples of the different types of products that consumers and businesses will need during the COVID-19 pandemic.