3 Stocks to Buy if They Take a Dip
It's no secret that the stock market had a rough 2022. The S&P 500 index of 500 of America's biggest companies dropped more than 18%, and the Nasdaq Stock Market, home to more than 2,500 companies (including tech giants such as Apple and Microsoft), fell more than 32%. As of the time of this writing, the markets haven't recovered significantly.
Lots of companies have seen their stock prices fall even more than the overall market, putting many into bargain territory. Still, there are some particularly attractive companies that would be well worth considering for your portfolio -- if they fell more. Here are three.
Costco (NASDAQ: COST) shares were recently down about 6.5% over the past year. The stock is one many would love to own, but it's not yet trading at an enticing level. Its price-to-earnings (P/E) ratio, its forward-looking P/E ratio, and its price-to-sales ratio were all recently fairly close to their five-year average -- not well below it, as one would prefer to see.
Source Fool.com
