3 Stocks You Can Confidently Buy After a Market Downturn
The 2023 year will soon close, which is a shame. It's been a great year for Wall Street, with the major indexes near their all-time highs. Everyone likes to see stock prices increase, but it can also mean that things are getting a little expensive for their own good.
Eventually, there's a good chance the market will take a step back, which can be scary for investors but is healthy for markets in the long run. When the time comes, it's an opportunity to go after great stocks that are too expensive today. Here are three stocks you can confidently buy after a downturn.
Personal electronics giant (NASDAQ: AAPL) needs little introduction, considering it's one of the world's best-known brands. The iPhone maker's size is staggering; its $380 billion annual revenue dwarfs other countries' economies, and its $100 billion in annual free cash flow is more than most companies do in sales.
Source Fool.com
Apple Inc. Stock
Our community is currently high on Apple Inc. with 147 Buy predictions and 17 Sell predictions.
As a result the target price of 224 € shows a slightly positive potential of 12.43% compared to the current price of 199.24 € for Apple Inc..
