3 Stocks to Add to Your Portfolio in the Event of a Market Downturn
Market corrections occur from time to time and are a normal feature of investing. Without these corrections, investors would be stuck trying to buy shares of great companies at ever-increasing prices. Hence, you should view such downturns as opportunities to purchase great companies or accumulate more of your existing positions.
Of course, being selective is important as every stock will seem cheap when a market correction brings stock prices lower. Two factors to look for include companies that have strong franchises and those that can latch on to sustainable, long-term trends. Such attributes can ensure that these businesses can grow steadily over time to help you to grow your investment portfolio.
Here are three stocks you can consider adding to your portfolio the next time a market downturn comes around.
Source Fool.com
