Market Sell-Off: 2 Unstoppable Stocks to Buy and Hold Forever
Concerns regarding high inflation, the omicron variant, and rising interest rates have dampened Wall Street's appetite for risk, and the S&P 500 has fallen 10% from its high. But that figure doesn't tell the whole story. Many high-quality stocks have fallen much farther. For instance, Netflix (NASDAQ: NFLX) and Sherwin-Williams (NYSE: SHW) have seen their share prices drop 44% and 20%, respectively.
Of course, losing money is never pleasant, but there is a silver lining here. All of Wall Street's worries are temporary in nature, and market corrections have historically been a great time to buy stocks. To that end, Netflix and Sherwin-Williams benefit from a strong competitive position, and both look like smart long-term investments.
Here's what you should know.
Source Fool.com
