Cases of, hospitalizations for, and deaths attributable to COVID-19 are finally dropping significantly. That's fantastic news for society at large, but it means the makers of coronavirus tests are going to see the eye-popping growth rates they put up in 2020 turn negative. Many are already experiencing steep declines in their stock prices.
But at least one of those companies, Fulgent Genetics (NASDAQ: FLGT) , promises plenty of growth even in a world without COVID-19. That could make the diagnostics company the best coronavirus stock for long-term investors to buy now.
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Have $1,000? This Is the Best Coronavirus Stock to Buy Now