3 No-Brainer Stocks to Buy in a Correction
Are we in a bull market? That's the question on a lot of investors' minds as the S 500 continues gaining momentum. The benchmark index is up nearly 16% so far this year after dropping double digits last year.
As a market rebound outpaces improvements in the economy, the worry is that valuations could become inflated. In the previous bull market, many valuations rose unsustainably, and that led to a bust for many high-flying, unprofitable growth stocks. They're still recovering.
Even as the market rises, there are bound to be dips along the way. You can take advantage of a correction by scooping up great stocks that may seem too expensive right now. (NYSE: SHOP), Costco (NASDAQ: COST), and Global-e Online (NASDAQ: GLBE) are excellent choices.
Source Fool.com
Shopify Inc Stock
With 6 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
As a result the target price of 80 € shows a positive potential of 24.26% compared to the current price of 64.38 € for Shopify Inc.
