2 Stocks to Buy if There Is a Market Crash

Here are two reasons why we could experience a market crash soon. First, stock valuations are at a 10-year high, as measured by the cyclically adjusted price-to-earnings (P/E) ratio. Second, there is a new strain of the virus that causes COVID-19 going around -- and this new variant, called omicron, could set back our economic recovery.

Of course, none of these are conclusive reasons to think a downturn is on its way, but it doesn't hurt to be prepared. One way of doing so is by having a list of stocks at the ready to scoop up on the dip. With that in mind, here are two excellent companies that could become even more attractive if there is a market downturn: Intuitive Surgical (NASDAQ: ISRG) and Eli Lilly (NYSE: LLY).