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Don't Wait for a Market Crash to Buy This Growth Stock


Many investors prefer waiting for marketwide dips before jumping into new positions, and rightfully so. Stocks continually ebb and flow, but the good ones always recover from setbacks en route to higher highs. It's just a matter of when.

If you're waiting on another pullback to jump into payment facilitator Mastercard (NYSE: MA), however, don't. This stock's price has already fallen nearly 17% from its late-July peak, but not for a particularly logical reason. It's a bargain right now, and a market crash might not shave enough off its present price to justify waiting any longer.

Image source: Getty Images.

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Source Fool.com

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