3 Top Stocks to Buy if There Is a Market Pullback
Seasoned investors know that occasional market downturns are inevitable -- and also that there's a big, fat upside to them: Great stocks on sale. Ideally, you might keep some of your portfolio in cash, waiting for such opportunities to arise -- but not too much in cash, as you might have to wait a year or two, and you don't want to miss out on other growth opportunities. The right sum will be different for everyone, but consider keeping no more than, say, 5% of your portfolio in cash. (Your emergency fund, of course, is another matter -- do keep several months of living expenses available at all times, perhaps in a savings account.)
Here are three stocks to consider for your portfolio, should a meaningful market pullback occur. Each is arguably richly valued as I write this, so a pullback would present more attractive entry points.
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Source Fool.com
