If the past three years have taught investors anything, it's that Wall Street can be fickle. Since the decade began, all three major stock indexes have bounced back and forth between bull and bear markets. While this can be frustrating for short-term traders, it's something of an ideal scenario for long-term investors angling to buy stakes in game-changing businesses at a discount.

With the iconic Dow Jones Industrial Average, benchmark S 500, and growth-centered Nasdaq Composite, still 8%, 9%, and 15%, respectively, below their record-closing highs, as of Oct. 11, 2023, amazing deals can be found.

What follows are three generational wealth-building stocks that can set you up for life.

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Source Fool.com