3 No-Brainer Stocks to Buy in the Correction
Various portions of the stock market have now dropped well into correction territory, or even into a full-blown bear market. For long-term investors, that means that shares of some great companies can be bought at discounts. Adding to a portfolio at times like this can create a springboard for long-term gains and wealth creation.
But it doesn't mean stocks can be bought indiscriminately. It does mean, however, that investors can choose a mix of solid, proven names along with some higher-risk growth stocks. Three that fit the bill right now are Home Depot (NYSE: HD), Target (NYSE: TGT), and Tesla (NASDAQ: TSLA).
Retailers like Home Depot and Target thrived during the pandemic as they tapped into what consumers needed at the time. That included not only the company's product offerings, but also the new way customers wanted to do business. That success wasn't by accident or pure luck, however.
Source Fool.com
