2 Stocks Down 10% and 15% to Buy Today
Stock market downturns can be stressful to experience, but the truth is that they should be welcomed by investors. As long as your investing timeline stretches into multiple years, these drops are nothing to fear. Instead, you can look at them as opportunities to make Stock purchases at a discount and accumulate more shares in preparation for the next cyclical upturn ahead.
While the S 500 is still in positive territory for the year in 2023, markets have fallen from their late-summer highs on fears that the U.S. might still slip into a recession. This drop has amplified declines in two retail stocks: Ulta Beauty (NASDAQ: ULTA) and Tractor Supply (NASDAQ: TSCO), which have seen their shares drop 15% and 10% respectively so far this year.
But I do not believe their discounts will likely last for very long. Here's why.
Source Fool.com
