3 Stocks for an Approaching Bear Market
After an eight-and-a-half-year bull market, lots of people on Wall Street are wondering when it will be time for this bull to be put out to pasture. Bull markets this long are inevitably going to create some weariness from stock buyers because they fear that the next bear market may be right around the corner.
The best thing we can do to prepare our portfolios for an eventual bear market is to own stocks that are resilient and will likely perform well under those circumstances. We asked three of our investing contributors to each highlight a stock they see as one to own for an approaching bear market. Here's why they picked Enterprise Products Partners (NYSE: EPD), Amazon (NASDAQ: AMZN), and Ford Motor Company (NYSE: F).
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Source: Fool.com
Amazon.com Inc. Stock
The stock is one of the favorites of our community with 155 Buy predictions and 1 Sell predictions.
As a result the target price of 191 € shows a slightly positive potential of 11.96% compared to the current price of 170.6 € for Amazon.com Inc..
