2 Stocks to Buy In a Stock Market Sell-Off
Equity markets took a significant plunge on Monday, Aug. 5. Of course, that's no reason for long-term investors to panic. We are still technically in a bull market, and whether or not equities continue to dip, the drop might create opportunities to pick up shares of great stocks from the discount bin. Which corporations should investors consider investing in while they are down?
Here are two worthy candidates: (NASDAQ: AAPL) and Visa (NYSE: V). Find out why these two companies will likely be long-term winners regardless of what the market does in the short run.
Apple's shares were down by about 5% on Monday. Though that doesn't sound like a lot, considering we are talking about a stock worth more than $3 trillion, that's tens of billions of dollars. Apple's performance has been somewhat volatile for much of the year. It did not perform well through the first five months due to several headwinds, including slow iPhone sales in China, disappointing financial results, an antitrust lawsuit, and its perceived failure to keep up with its tech peers in the artificial intelligence (AI) race.
Source Fool.com