Call it instability, uncertainty, or crash, it is one thing that the stock market investors hate the most. Given the world’s current volatile economic state due to novel coronavirus of affairs, investors could not be in a murkier spot.
Stocks of some industries that will do well in spite of any economic crisis or stock market meltdown due to COVID-19 include healthcare, commodities, infrastructure, military equipment, and utilities.
It doesn’t matter if the stock markets are crashing, or how bad the economy is performing. The fact remains, certain pharmaceutical drugs and medical treatments will probably be performed, or purchased, regardless of the market downfall.
This emphasizes why many pharmaceutical companies and healthcare technology companies are considered to be safe industries to invest in.
One of the top-performing investments – commodities is highly fungible item that are in demand always. Commodities, whether they are food, energy or metals, are and will remain an integral part of everyday life.
From repairing the potholes of the roads, to taking the infrastructure of the nation to the next levels, infrastructure stocks always enjoys the top position when it comes to stocks that never goes out of fashion, even in hard times or market crash.
Military-related industries are the Old Faithful and return oriented stocks. Be it troubles with the economy, or risks to the stock market, these stocks are pretty less affected.
Utility industry is that their forward-looking growth is partially undersized. For sure, they are not going to double in size overnight, or they certainly won’t make you rich. But, they do typically pay a solid dividend over the long run.