3 Once-in-a-Decade Buying Opportunities in the Bear Market
The fast-moving stock market lends itself to high volatility. That factor may or may not work in favor of investors, though prospective buyers can find bargains if they exercise enough patience.
However, the current down cycle is the most severe since the 2008 financial crisis. That factor could mean an opportunity to buy growth tech stocks that may not return for many years. Investors looking for these once-in-a-decade buys may want to consider Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG), MercadoLibre (NASDAQ: MELI), and Salesforce (NYSE: CRM).
Jake Lerch (Alphabet): Here's a hypothetical: If you could go back in time and buy $10,000 worth of Alphabet shares on the day of its initial public offering (IPO), would you do it? Similarly, would you invest $10,000 in Alphabet on March 13, 2020, the start of the COVID-19 pandemic, as the entire stock market was plummeting?
Source Fool.com
