These 3 Stocks Are Timely Buys Amid the Market Sell-off
The S&P 500 fell into a bear market in the first half of 2022, which means it is probably a good time to start looking for bargain-priced stocks. The key, however, is to look for industry leaders that have been put on sale. Don't try to buy the dip in overhyped areas that are pulling back from massive price spikes.
Far better options exist, including industrial giant 3M (NYSE: MMM), chip leader Texas Instruments (NASDAQ: TXN), and medical device powerhouse Medtronic (NYSE: MDT). Let's take a closer look at these three timely buys amid the current market sell-off.
Industrial giant 3M is working through tough times and is probably most appropriate for more aggressive investors. Notably, it has been trying to reinvigorate growth at the same time that it has been facing some material legal headwinds. The dividend yield is a historically high 4.5%, suggesting that the stock is cheap.
Source Fool.com
