Along with exacting a devastating human toll in terms of illness and death, the coronavirus pandemic is causing economic destruction. Most companies are hurting because economies around the globe have largely been shut down to help slow the spread of COVID-19.
Some companies, however, are experiencing increased demand for some or all of their products and services because of the crisis. But that alone isn't enough of a good reason to invest in these companies, at least not for the long run. Investors focused on the long term should favor the stocks of companies that seemed poised to get a sustainable boost from the pandemic, or at least have other catalysts for growth.
Following are eight such stocks.