5 Stocks I Own and Will Add to If the Stock Market Crashes
When I buy a stock, my preferred holding period is forever. That doesn't always work out as planned, of course, but I generally don't see market sell-offs as a time to freak out -- I see them as a time to buy more shares of the great companies I own.
Here are five stocks I own that would likely get more of my cash if the stock market crashes.
Procter & Gamble (NYSE: PG) is a leading maker of consumer goods, from paper products to laundry detergent, with a heavy focus on the higher end of the market. What really sets the company apart is its scale -- note its massive $395 billion market cap. It has entrenched relationships with customers, distribution heft, and marketing prowess that few can match. Its research and development budget not only allows it to incrementally improve long-trusted brands, but it also can create whole new categories as well (think the Swiffer brand).
Source Fool.com