The market's a mess right now. The S&P 500 sits about 24% below its January high, and it is still toying with lower lows. A big reason for this is the fact that inflation is running rampant even though interest rates have reached their highest level in years. Plenty of pundits are now tossing around the "R" word -- recession -- as well. It would be easy for an investor to get discouraged.

The fact is, stocks are still the best and most accessible wealth-building tool around. And the market's going to pull out of this bearish funk sooner or later, as it has every other time it's stumbled throughout its history.

With that as the backdrop, here's a closer look at three great stocks to step into while they're down. They're appropriate for nearly anyone looking for reliable long-term growth that may seem somewhat out of reach in the current environment.

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Source Fool.com