The stock market has taken another downward turn in the last couple of weeks, reversing a rebound that started in June. All told, the S&P 500 index is down 18% year-to-date. The bear market of 2022 got a second wind.

So, many investors are stepping away from the stock market right now. That gives investors with a long-term mindset the opportunity to continue buying great companies at a discount. This month, there's good reason to keep a close eye on the three fantastic companies below.

The stock market can be frustrating sometimes. Video-streaming veteran Netflix (NASDAQ: NFLX) is shifting its priorities away from maximum subscriber growth and toward sustainable profits, and you'd think that investors would appreciate that newfound bottom-line focus.

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Source Fool.com