AutoZone (AZO) operates in an industry that might benefit from the coronavirus outbreak. The stock is quite defensive and can protect your investment during the uncertain market environment. Buying the stock, you get a relatively undervalued stock with a stable future.
Today we live in a recessionary period. Coronavirus spread caused governments to introduce "stay at home" policy, which forced economies to pause their operations temporarily. Though some governments are trying to ease lockdown measures and open their economies, nobody knows how serious the economic damage will be. Despite the uncertainty,