As Winston Churchill once said, "A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty." Looking at the stock market these days, it might not seem hard to justify a pessimistic stance. The S&P 500 index is down by roughly 21% over the last year, and the growth-heavy Nasdaq Composite index has plummeted by 33%. The market is in a turbulent state, but those challenging conditions are also creating opportunities. 

Some incredible companies have seen precipitous valuation pullbacks, and investors who take a buy-and-hold approach now with the right stocks stand to see potentially life-changing long-term returns. For example, these category-leading companies stand out as great investment options in the current bear market. 

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Source Fool.com