AYX - How to Buy Stocks During the COVID-19 Pandemic
Second-quarter 2020 earnings report cards have been rolling in, giving investors a wealth of information on how businesses have been dealing with the worst of the economic lockdown. There has been no shortage of surprises, with many companies doing remarkably well -- some even getting a boost related to efforts to halt the spread of the COVID-19 pandemic.
Such is the case with economic downturns. Winning businesses keep winning, new winners are created, and the decline of those already struggling gets hastened. To help sort through the best opportunities from this downturn, I've been categorizing stocks into four basic groups:
Groups one and four are attracting loads of investor attention, but exercising some caution here is a must.