Worried About the Stock Market? Take Warren Buffett's Advice and Do This
Billionaire investor Warren Buffett has seen downturns, recessions, market crashes, and all sorts of adversity in the markets over the years. Investors who are worried about the markets today should heed the Oracle of Omaha's advice and simply bet on America. Even during the early stages of the pandemic, Buffett stated that "nothing can basically stop America." And true enough, many American companies have persevered through the pandemic and continue to be great buys today.
Three U.S.-based stocks that investors can buy to bet on America are Seagen (NASDAQ: SGEN), T-Mobile US (NASDAQ: TMUS), and Coca-Cola (NYSE: KO). These business can diversify your portfolio and make for solid long-term investments.
Washington state-based Seagen may not be a typical Buffett stock because biotech isn't an area he normally has exposure to in his portfolio. But Seagen's pursuit of cancer-fighting drugs and its ability to bring multiple products to market are reasons this would be a solid healthcare stock to rally behind. Its success means cancer patients have better treatments available.
Source Fool.com
