3 No-Brainer Stocks to Buy in a Correction
Market corrections can be great opportunities for savvy investors. While the rest of the investing world is worried about their losses, people with a long-term approach have a chance to buy high-quality stocks at a discounted price. These three stocks have strong long-term growth catalysts that would be even more attractive if valuations pull back a bit.
(NASDAQ: MSFT) has been a bright spot on the stock market throughout 2023 with a total return of over 40% year to date. Investors pulled out of the market last year due to rising interest rates and macroeconomic uncertainty around the globe. Those bearish sentiments have relaxed a bit this year, prompting investors to flock back to stocks in anticipation of a potential market recovery.
The hype around artificial intelligence (AI) has also helped send shares of Microsoft higher this year, and it remains an attractive stock to buy during a pullback.
Source Fool.com
Microsoft Corp. Stock
The stock is one of the favorites of our community with 106 Buy predictions and 1 Sell predictions.
With a target price of 420 € there is a slightly positive potential of 6.15% for Microsoft Corp. compared to the current price of 395.65 €.
