For those investors who may have to sell some stocks in order to take advantage of the low prices, Conover said, Zoom and Netflix are overvalued. “They are trading at twice what they are worth and should be avoided,” he added.
The financial sector will see significant declines in the near term, but I do not see much impact in the long term, Stafford said.
The virus itself could be somewhat under control in two to three months, added Karen Andersen, a Morningstar health-care strategist. With multiple drug trials going on, “we will be much better prepared to treat the virus during the second half of the year.”