WKBT
March 4, 2021 6:10 AM newsfeedback@fool.com (Diane Mtetwa)
Posted:
Updated:
March 5, 2021 2:20 PM
I very rarely buy stocks. I prefer index funds and exchange-traded funds (ETFs) for their ease and simplicity. But when the
S&P 500 dropped 31% in March 2020 from its beginning-of-the-year highs because of the pandemic, I saw a unique opportunity.
Securities were trading at their lowest prices in years, and I was one of the lucky individuals who still had money earmarked for investing. I couldn’t resist swooping in and buying some companies that I thought would do well.
Image Source: Getty Images
Walmart (NYSE: WMT) have met demands created by the pandemic and could have a lot of growth potential. Sorrento had a robust portfolio of coronavirus innovations ranging from tests to treatments. And with most people’s purchases reduced to essentials, Walmart was a major retailer that could supply their needs.
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