3 No-Brainer Stocks to Buy in a Correction
The one thing you can count on in the stock market is volatility; there's no shortage of both ups and downs. Investors don't like the downs for obvious reasons, but they can sometimes be a necessary evil. They keep the stock market "honest" (if stock prices never declined, there wouldn't be any risk), and they present opportunities for investors to buy great companies trading at discounted levels.
With this latest stock market correction, many companies are at prices investors haven't seen in years. If you're looking for three no-brainers to buy in a correction, look no further.
Bank of America's (NYSE: BAC) stock plunged over 16% in March as part of a larger bank sell-off caused by panic over SVB Financial's Silicon Valley Bank failure. Yet, SVB's failure led to more business for BofA, with customers leaving smaller banks to join the banking giant.
Source Fool.com
