The past 8 trading days have experienced 1,000+ point Dow swings, and the VIX (the fear index) closed at 82.69 on Monday (March 16th), its highest level in history. The length and extent of this pandemic effects are still highly ambiguous.

The markets have priced in a recession with the S&P 500 roughly 30% off its highs. Analysts are anticipating significant GDP declines for at least the first two quarters of 2020 and could extend into Q3.

One thing is clear: the market volatility will remain until this virus is under control. Fund managers and analysts are now anticipating a U-shaped recovery, a change from the rapid V-shaped recovery that was initially expected.

As a long-term investor, I am beginning to buy discounted equities with caution. Price-averaging down on all the red days. I am slowly adding positions in stocks like Adobe (ADBE - Free Report) , Facebook , Microsoft (MSFT - Free Report) , and Disney (DIS - Free Report) .

Breakout Biotech Stocks with Triple-Digit Profit Potential

The biotech sector is projected to surge beyond $775 billion by 2024 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases.

Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Our recent biotech recommendations have produced gains of +50%, +83% and +164% in as little as 2 months. The stocks in this report could perform even better.

See these 7 breakthrough stocks now>>

Zacks Names "Single Best Pick to Double"

From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.

It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.

This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.

Free: See Our Top Stock and 4 Runners Up >>