The Wuhan Virus and my thoughts

With the Wuhan virus outbreak affecting stock prices which sector will you choose to buy?

• How the stock market has performed during past viral outbreaks, as coronavirus infects thousands (read here)
• Asia stocks plunge on Wuhan virus fears; Singapore share index down 2.6% (read here)

With the Wuhan virus outbreak affecting stock prices which sector will you choose to buy?

1) Healthcare REITs, medical related stocks?
First REIT, Parkwaylife REIT, Top Glove, Riverstone, Raffles medical, Thomson medical, Medtecs, etc

• Hot stocks: Medical plays, glove makers soar as Wuhan virus fears spread (read here)

Just check out the PER of some of these stocks:

a) Medtecs – PER 75
b) Top Glove – PER 55x
c) UG Healthcare – PER 28x

2) Tourism related stocks, hospitality REITs, retail REITs, Aviation / Transport related stocks?
SIA, Cathay, SATS, SIA Engineering, Comfortdelgro, Ascott Residence Trust, Regal REIT, CapitaRetail China Trust, Mapletree NAC Trust, etc.

• Singapore Reit closes malls in China amid Wuhan virus spread (read here)

Personally, I think it depends on your time horizon or holding period and the fundamentals of the company.

I will choose (2). Provided the company and industry is fundamentally sound. Not saying all the above mentioned companies are.
And no idea what will happen in the short term.

Then there is the 3rd category- other sectors not directly affected but also sell down.