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The coronavirus pandemic has hammered stocks in 2020, officially ending a historic 11-year bull run. Volatility isn't over, and the impact of the virus on daily life, markets, and the economy is just beginning to be felt.
While the fallout from the global COVID-19 outbreak in the coming months could be devastating – an increasing number of confirmed cases, school and business closings, wild market swings – the long-term investing picture is still the same.
Global growth will continue. A decline in manufacturing and consumer spending over the next few months will cause growth to slow, but it will not stop completely.
It might seem hard to believe, but it's more important than ever to have your "stocks to buy" list polished and ready to go – because what we're being presented with is a generational buying opportunity.
Stocks will eventually bounce higher, and the goal is to get in before the first bounce.
Don't worry about trying to time the bottom. Buying now, on the way down and on the way up, means you're still getting in at a lower price than where stocks will eventually go.
Buy a little at a time, so even if prices go lower, you're essentially "averaging down" and getting in at a lower cost overall.
That's exactly how you build wealth over time.
To get you started, we've identified the seven stocks below as ones with outstanding short-term and long-term profit potential.
One could be worth over $2 million per share in the next 40 years. Another is on the cutting edge of the world's next $1 trillion industry. A third has developed a life-saving technology so vital, we predict it could double your money in the next few years alone.
This could be the only chance you have in your life to get into great companies at such low prices. If you missed 2008's buying opportunity, don't worry.
You have now.
Just enter your email below to get all seven stocks right now: