While there are a number of factors responsible for pushing the stock market lower, the spread of COVID-19 looks to be the match that lit the flame. This lung-targeting illness has spread to 113 countries, been confirmed in more than 118,000 people, and is directly responsible for nearly 4,300 deaths worldwide, according to the World Health Organization. The good news, though, is that bear markets have always opened the door for long-term investors to pick up great companies on the cheap, and this instance will prove no different. Below you'll find five top stocks that you should seriously consider buying during this bear market...
One of the best ways to protect yourself from steep losses during a bear market, as well as set yourself up for steady income when the next bull market arrives, is to consider utility stocks. In particular, NextEra Energy (NYSE:NEE) comes to mind. Interestingly, gold-mining stocks have been clobbered as the market has headed lower, likely on some combination of demand concerns from China and margin calls (i.e., investors selling to cover margin calls). But physical gold has been exceptionally strong. This suggests that a high-quality company like SSR Mining (NASDAQ:SSRM) should be primed for success. If there's one fact you can take to the bank, it's that we don't get to choose when we get sick or what ailments we develop. That makes pharmacy chains like CVS Health (NYSE:CVS) a potentially valuable business to own a stake in no matter how well or poorly the economy is performing. You have to keep in mind that the recent shock to the market is exogenous and has nothing to do with a breakdown in our financial system. That's why buying into semiconductor giant Broadcom (NASDAQ:AVGO) makes a boatload of sense. Finally, investors should give strong consideration to adding American Express (NYSE:AXP) to their portfolios on this decline.
Source: Motley Fool
Related Articles:
- 5 Dividend Stocks For The Ultimate In Deferred Gratification
- The Most Important Thing To Consider When Selecting A Dividend Stock
- 5 Healthcare Stocks With Growing Dividends Yielding In Excess of 2%
- 3 Powerful Concepts for Compounding Wealth with Dividend Stocks
- Why We Are Dividend Growth Investors
5 Top Stocks to Buy in a Bear Market
Posted by D4L | Friday, March 27, 2020 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
In short, dividend-bearing stocks are one of the smartest approaches stock investors have available currently. The same is true in strong ec...
-
If your growth-investing days are over (or nearly so) and you're more interested in steady income, start your search with all-weather st...
-
Finding cheap dividend stocks is critical for another reason. By the time the Federal Reserve meets for the second time in 2023, the central...
-
Investing in passive income can allow you to make money with minimal portfolio management. There are many types of investments to make passi...
-
Many companies make very predictable fixed dividend payments each quarter. When they do, their investors have a pretty good idea of how much...
-
As 2022 wraps up, many investors are likely looking for ways to position their portfolio for more macroeconomic uncertainty next year. After...
-
Linked here is a detailed quantitative analysis of Chevron Corporation (CVX). Below are some highlights from the above linked analysis: Comp...
-
With inflation appearing to have peaked and fears of a recession dimming somewhat, investors have some positive catalysts to look forward to...
-
Linked here is a detailed quantitative analysis of Southern Company (SO). Below are some highlights from the above linked analysis: Company ...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.