3 Stocks You Can Confidently Buy After a Market Downturn
Inexperienced stock investors will often panic and sell when there's a stock market downturn. Experienced investors, though, will often open their wallets and start snapping up shares of companies they'd love to own a piece of.
That's because a market downturn puts the stocks of many fine companies on sale, and if you aim to hang on to those shares for years, buying after a market drop can be a savvy and powerful move. Here are three stocks that are somewhat reasonably valued now, but which can be terrific long-term holdings if you can buy at an even lower price.
With more than 36,000 locations worldwide, (NASDAQ: SBUX) is familiar to most of us. It's slinging not just a wide range of coffees, but also teas, food, and other items -- including brands such as Teavana and Ethos Water.
Source Fool.com
Starbucks Corp. Stock
The stock is an absolute favorite of our community with 23 Buy predictions and no Sell predictions.
As a result the target price of 98 € shows a positive potential of 41.07% compared to the current price of 69.47 € for Starbucks Corp..
