3 Top Stocks to Buy During the Sell-Off
There are probably many investors that have only entered the stock market in recent years. While they may have experienced the unique, and brief, bear market caused by the pandemic in 2020, the S&P 500 and Nasdaq Composite have both entered bear market territory again this year.
The current bear market is more broad-based and less due to a single event, making it more comparable to past stock market down cycles. Those have proven to be some of the best opportunities for investors to set up a portfolio for long-term gains, and ultimately, financial freedom. By buying proven companies with solid financials, investors should be able to turn this sell-off into one of those same opportunities.
This is the time to buy proven, winning businesses at discounted prices. Home Depot (NYSE: HD) is a great place to start. Home Depot's price-to-earnings (P/E) ratio is down to a near-decade low of under 18.
Source Fool.com
