On any given day, a stock's price reflects the current balance of investors' hopes and fears for the underlying company's future. Over the long term, that stock price will also reflect its actual business results and legitimate prospects, but that long term value rarely matches the stock's current price.

As a result, if there's an upside to market crashes, it's that it often takes a full-on crash to make the shares of strong companies available at legitimate bargain prices. For patient investors with a long term focus, that can make the roughest markets the best times to buy. That makes it important to have a list of companies you'd be willing to buy when prices are low. With that in mind, here are three stocks I already own and that I would be willing to buy more of if the market crashes.

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Source Fool.com