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From Microsoft to Home Depot, Stifel says these stocks are poised to surge in the coronavirus aftermath

Street sweeper walks through nearly empty Times Square during the outbreak of the coronavirus disease (COVID-19) in New YorkReuters
  • The coronavirus pandemic has sent a jolt through the global economy, essentially shutting down businesses both large and small.
  • While uncertainty remains high during this time of crisis, analysts at Stifel tried to asses which companies are best positioned to thrive in a post-coronavirus world.
  • From Home Depot to Microsoft, here are the stocks that are best positioned to thrive once the coronavirus is past, according to Stifel.
  • Visit Business Insider's homepage for more stories.

With the coronavirus grinding the global economy to a halt, investors are focused on companies that have strong enough balance sheets to weather the storm, and that could come out stronger and thrive on the other side of the pandemic.

In a Monday afternoon note, analysts at Stifel wrote that while uncertainty still remains high, "people are resilient and adaptable. Although we don't know the depth or duration of the pandemic, we know that optimism and prosperity will eventually prevail."

Stifel asked its equity research analysts to hypothesize what a post-coronavirus world would look like for the companies they cover, and highlight which companies are poised to thrive.

Read more: One of the world's best small-company fund managers tells us how he finds 'hidden growth' that others miss — and shares his 3 top picks for the year ahead

Markets Insider calculated the implied upside of each stock using their closing prices on Monday and the price targets in the report.

Here are Stifel's 12 stocks to buy to endure the coronavirus downturn and thrive in the aftermath.

Read the original article on Business Insider
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