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Yahoo BusinessFeb 26, 2020
2 Stocks to Benefit from the Coronavirus Outbreak
Even for the fortunate ones not directly affected by the rapidly spreading coronavirus, try as you might, it is impossible to ignore the impact it is having on all facets of life across the globe right now; from the obvious and most pertinent health issues, to travel and across most industries, global supply chains and the world's major economies have been negatively affected. The stock markets, of course, have been hit, too; Along with international markets tumbling over the past few days, all 3 major US indexes posted sharp losses this week.The way the cookie crumbles, though, means that some will always be better positioned than others to cushion the blows. In what often feels like a macabre twist of fate, some companies actually stand to gain from the disruption, while others will lose share.Taking this into account, 5-star Needham analyst Laura Martin recently assessed 2 names under the firm's coverage on which the recent outbreak could, or is having a positive effect. After using TipRanks' Stock Screener tool, we found out each boasts a substantial upside potential from the current share price. We're talking more than 25% here. Let's take a closer look.Roku (ROKU)Is Roku the new Amazon? Or maybe Netflix? These are the sort of questions that have been bandied about recently, following what can only be described as a market trouncing performance. The streaming player leader was one of 2019's star performers, with its share price appreciating by almost 350% over the year. Roku stock, though, is currently trading at 30% less t
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