3 Surefire Stocks to Buy If the Market Crashes
There are legitimate concerns of a pending stock market drawdown. Since the markets crashed in March and April of 2020, it's been a steady climb with fewer opportunities to buy a dip. The S&P 500 (SNPINDEX: ^GSPC), an index representing more than 83% of the total domestic stock market capitalization, rose 16% in 2020 and hasn't witnessed a major pullback since April.
While timing the market, of course, is a difficult endeavor that very few can achieve, buying quality stocks when markets tank is a proven formula to increase wealth in the long run. In other words, it'd be prudent to set aside cash to invest in the event of a sell-off. Here are three stocks I'm confident about should markets turn south.
Source Fool.com