As the Market Hammers Consumer Stocks, Here's Where to Invest $1,000
Market corrections usually don't occur just because valuations get stretched. There is normally a catalyst, and that catalyst almost always comes with uncertainty.
The novel coronavirus pandemic seems to be the catalyst this time, and now turmoil in the oil market has joined in. But investors can take advantage of the sell-off, especially when the underlying business has room to run and the market dynamics bring a better valuation. Today is one of those times.
Here are three familiar names where the business outlook remains strong, even with the short-term uncertainty brought by recent events. If you were savvy enough to have some investable cash available waiting for that market pullback, think about putting it into these businesses now.
Source Fool.com