2 No-Brainer Buys During This Bear Market
Buying amid a bear market and challenging market conditions can be difficult, as many top stocks are down big this year. News of cutbacks and layoffs don't inspire much confidence in the economy today. However, now can still be an advantageous time for long-term investors to load up on positions in companies that are no-brainer buys when looking at a time frame that spans years and decades rather than months.
Two stocks which fit that criterion and that risk-averse investors should consider adding to their portfolios today include Thermo Fisher Scientific (NYSE: TMO) and United Parcel Service (NYSE: UPS).
Healthcare giant Thermo Fisher is a stalwart that you can rely on for the foreseeable future. What makes this a resilient investment to hang on to is that its operations are diverse. Thermo Fisher generates revenue from life sciences, analytical instruments, specialty diagnostics, as well as laboratory products and biopharma services, its largest segment.
Source Fool.com
