Coronavirus: 4 Stocks to Watch
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 24 February 2020
⏱️ 22 minutes
🧾️ Download transcript
Summary
The latest coronavirus headlines send the market down 3%. Healthcare analyst Shannon Jones discusses the news and shares why investors might want to keep their powder dry. She also shares four businesses (Inovio Pharmaceuticals, NanoViricides, Moderna Therapeutics, and Co-Diagnostics) that investors should keep an eye on. Plus, we get Shannon’s bull case for the XFL. (For a FREE copy of our Investing Starter Kit, go to www.fool.com/StarterKit and we’ll email it to you.)
Transcript
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| 0:00.0 | It's Monday, February 24th. |
| 0:04.0 | Welcome to the market foolery. |
| 0:05.0 | I'm Chris Hill with me in studio today. |
| 0:07.0 | And I'm just going to point out that this was planned last week. |
| 0:10.0 | It's not because of what's happening in the market, |
| 0:12.0 | but that just, you know, it's convenient. |
| 0:14.0 | It's health care expert Shannon Jones. |
| 0:16.5 | Thanks for being here. |
| 0:17.5 | Hey, glad to be here and talk about impeccable timing, Chris. |
| 0:21.0 | We could not have planned this any better. |
| 0:23.2 | We could not because as of this moment, the S&P 500 is down about 3%. |
| 0:30.2 | So as the Dow Jones industrial average. |
| 0:33.0 | As I've said before, don't blame the headline writers. |
| 0:36.0 | Don't blame them because it's a lot sexier to say the Dow is down 900 points |
| 0:42.1 | than it is to say the Dow is down 900 points than it is to say the Dow is down 3%. But when you walked in this |
| 0:48.4 | morning and you saw the headlines about the coronavirus and the impact it was going to have on the market. |
| 0:56.3 | What went through your mind? |
| 0:59.4 | I had a mixed reaction, Chris. |
| 1:01.2 | On the one hand, I'm not surprised at some of the headlines we're seeing |
| 1:05.2 | so for those who may be unaware we did see a spike we actually saw new outbreaks |
| 1:11.2 | happening in new countries. |
| 1:12.6 | They're talking about South Korea, Italy, now Iran even. |
... |
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