3 Top Stocks to Buy if There Is a Market Pullback
You've been watching it happen all year, so you already know the market has pulled back in 2022. You also know that it's been a time of volatility in the market, adding to the difficulty of picking good long-term winners. So, what you need to know right now is where to look and when to buy.
For traders on the watch for their next long-term investment but not yet tempted to buy, here are three stocks to put on your watch list for the next time the market pulls back: Roper Technologies (NYSE: ROP), nVent Electric (NYSE: NVT), and Honeywell International (NASDAQ: HON). Let's look into the reasons why.
The secret of Roper's success is its business model involving buying asset-light and cash-generative businesses operating as leaders within niche markets. The acquired companies are brought into the Roper fold but left to run independently. However, Roper's management makes capital allocation decisions centrally, and this usually involves using the cash flow generated to pay down debt and begin looking for new acquisition targets.
Source Fool.com
