5 Smart Stocks to Buy During a Stock Market Crash
As you've probably learned one way or another over the past two months, stock market corrections, and even bear markets (i.e., declines of at least 20% from a recent high), are an inevitable part of the investing cycle.
Generally speaking, we never know ahead of time when a correction will occur, how long it'll last, or how steep it'll get. But we do know that buying stocks during periods of correction has always been a smart move. That's because every single correction and bear market in history has eventually been put into the rearview mirror by a bull market rally. Thus, the more the stock market falls, the greater the opportunity for long-term investors to benefit.
The coronavirus disease stock market crash, which pushed the benchmark S&P 500 down by 34% in just 33 calendar days, represented one heck of an opportunity for investors to pick up high-quality businesses on the cheap. When the next stock market crash rears its head, or if the COVID-19 plunge resumes, be prepared to scoop up the following five stocks.
Source Fool.com