No one likes it when markets are down. But the good news is these times represent great times to put your money to work.

That's because many solid companies with long-term track records trade at a discount. They may have felt the pressures of higher inflation. Or investors might have just fled the particular stock or industry.

But, down the road, these companies have what it takes to grow -- from an earnings and share performance perspective. And that means, if you buy them now, you're likely to win big over the long haul. Let's check out five bargain-basement buys to get in on today.

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Source Fool.com