2 Stocks to Buy No Matter What Happens in March
Several factors are currently affecting equity markets. For instance, impending interest rates hikes in the U.S. have been causing investors to take their money out of richly valued growth stocks. Meanwhile, geopolitical tensions are also having a negative impact. While it can be hard to stay calm amid all of this, it's important to remember that the buy-and-hold strategy approach works.
Riding out the storm and perhaps even adding to your positions in excellent companies is the right course of action during market downturns. With that in mind, let's look at two stocks that are worth buying no matter what transpires in the next few weeks: Vertex Pharmaceuticals (NASDAQ: VRTX) and Airbnb (NASDAQ: ABNB).
Biotech giant Vertex Pharmaceuticals has performed better than most this year with the company's shares rising by about 5% since the beginning of the year vs. a nearly 10% drop for the S&P 500. Perhaps investors felt the drugmaker's shares had already fallen enough in the past couple of years, and the price was finally right.
Source Fool.com
