3 Stocks to Buy if They Take a Dip
The S&P 500 has had a rough 2022 so far, down 23% as of this writing. While many high-growth, high-tech stocks have been particularly hard hit along with the market rout and might be selling at bargain prices, there are still some businesses out there that look expensive.
Here are three stocks that, despite all being down year to date, investors will want to seriously consider buying if their prices fall further. Let's take a closer look.
While many restaurants struggled just to survive as the coronavirus pandemic took hold of the economy, Chipotle Mexican Grill (NYSE: CMG) thrived. The popular Tex-Mex chain boosted its store count by 14.3% from Q1 2020 to Q1 2022. And even as the business goes up against tough comparisons from the year-ago period, revenue and earnings per share rose 16% and 25.6%, respectively, in the first quarter of this year.
Source Fool.com
