4 Investment-Worthy Industrial Stocks Amid Coronavirus Scare
Zacks Investment Research | Mar 05, 2020 07:17AM ET
Coronavirus, officially named as COVID-19, is presently threatening the economies worldwide. Having originated in Wuhan, a city in the Hubei Province of China, the virus has spread in at least 80 countries, including South Korea, Italy and Iran. Fatal cases have crossed the 3,200 mark, while an increasing number of infected cases is being recorded daily.
China's economy, which was already engaged in a trade war (related to the imposition of import tariffs) with the United States, is now trying aggressively to deal with the virus outbreak. The Shanghai Composite index has lost 2.5% since mid-January. Prime concerns are the impacts of the virus on production capabilities and consumer spending.
Notably, the country’s Zacks Investment Research
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