Good-Guy
VIP Contributor
When it comes to stock trading, many traders could be choosy. Obviously each and every trader has his own trading strategies and specific stocks that he might choose to trade in. However, I have always believed that when it comes to any kind of business, the conditions and the situation matters a lot. For example, it is winter season and I am sure that clothes manufacturing companies manufacture clothes for winter season, so investing in such companies that produce clothes for this season could be profitable. Now as we are living in the times when we are facing the situation of pandemic, do you think that it would be wise to buy stocks of companies that manufacture healthcare products?
I can remember that the sales of healthcare products booster insanely during the 2020 pandemic when the pandemic was at its peak. This is because many hospitals required medical equipment and healthcare products such as medicines to treat people who were suffering from Covid-19 virus. Many equipment such as oxygen gas cylinders, masks, medicines, etc were quite high in demand. I am NOT saying that we should take advantage of people rather what I am trying to ask is whether or not investing in healthcare stocks could be profitable during pandemic? What do you think?
I can remember that the sales of healthcare products booster insanely during the 2020 pandemic when the pandemic was at its peak. This is because many hospitals required medical equipment and healthcare products such as medicines to treat people who were suffering from Covid-19 virus. Many equipment such as oxygen gas cylinders, masks, medicines, etc were quite high in demand. I am NOT saying that we should take advantage of people rather what I am trying to ask is whether or not investing in healthcare stocks could be profitable during pandemic? What do you think?