In: Economics
Thinking of a pandemic and how it changes everything, let's say that you have the money to invest, which type of companies do you invest on and which do you avoid? What are the characteristics of a company that may thrive during a pandemic?
The best companies to invest in are pharmaceutical companies, communication companies and e-commerce companies.
This pandemic will increase the importance of pharmaceutical companies in future as now the pandemic is here more and more precautionary drugs need to made for prevention of any such disease in future or atleast to minimize the time to fight the disease.
The pandemic has changed the way of working of companies as people are woking from home and after the pandemic also this will continue as companies are saving on the cost and its workers are saving on their travelling expenses and time. This will make telecommunication companies of utmost importance in future as all the work is done from home. In telecommunications not only does the cellular companies come but technology companies who provide the platform for meetings also come, for example google meetings.
The current scenario shows that birus is here to stay for some years and even if it gets over, as precautions social distancing will become a norm which will shift the shopping needs of people from malls and restaurants to e-commerce websites and food delivery services.
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