2Facebook (FB)
The biggest company on this list, Facebook (NASDAQ:FB), is one of the best and most safe stocks to buy on coronavirus fears.
Facebook is blocked in China, so the company has no exposure to where the outbreak is the worst. Second, there are no signs that minimal outbreak in various other countries has resulted in weaker digital ad spending. Third, so long as the outbreak is contained in other countries — which it likely will be — digital ad spending trends in Facebook’s core markets won’t ever take a hit from the coronavirus. Fourth, Facebook is a growth stock, and growth stocks tend to do very well in low interest rate environments (and we are in the lowest interest rate environment, ever).
So, with FB stock, you have a high-quality, big-growth company with minimal coronavirus exposure.
