In: Economics
which companies are best to invest in
the current pandemic outbreak?, would you invest on them
personally? (explain your reasoning)
In this current pandemic situation where most of the companies are facing huge losses or earning some marginal profit , i think these companies are best to invest in this current situation
1- E- learning websites or online education websites
2- E-commerce websites
3- Digital entertainment companies
4-Telecommunication industries
I would like to invest personally in these companies
1-E- learning websites or online education websites
Reason-In the worst covid situation all school,college and achedemic institute are closed because of on going nation wide lockdown.The education of students are certainly hampered due to this.So here parents of students look for an alternative ,which is E- learning websites or online education websites. The demand for these platforms has increased to peak value in these times ,so if you invest your money here, there is high chances of getting huge profit.
2- E-commerce websites
Reason- Also due to lockdown big shopping malls and retail store including electronic gadget stores were closed.E-commerce websites are the only alternative for this problem,so i would like to invest in thsese sites because you can gain profit that will grow exponentially.
3- Digital entertainment companies
Reason-As most of the companies and school ,colleges are temporarily closed ,all members of the house mostly stay at home during these times,all they want is to pass time ,and entertainment is best option. I would like invest heavily in these platforms because there are high chances of profit hike in thses platforms now.
4-Telecommunication industries
Reason- These industries mostly run in profit because of mushrooming of internet access to all people .But particularly in this period of lock down where one has nothing to do except browsing on phone use mobile data and talking to relatives and friend, the growth of these industries has been sharp ,so i would like to invest in these companies also.