GOOGL - 3 Stocks I Can't Wait to Buy If the Stock Market Crashes
This has been a year that investors will be talking about for decades to come. The coronavirus disease 2019 (COVID-19) pandemic has, in a matter of months, upended societal norms, sent the U.S. unemployment rate to levels not seen since the 1930s, and registered the highest volatility readings we've ever seen for equities.
During the first quarter, the benchmark S&P 500 lost over than a third of its value in less than five weeks. This was followed by one of the strongest bounce-back rallies in decades. But the thing is, bear market bounces have a history of hitting speed bumps. Though it's impossible to predict when a stock market crash or correction will occur, historical data would suggest that one is coming relatively soon.
However, a stock market crash doesn't have to be a bad thing for investors. If you have a long enough time horizon, corrections of all sizes are merely an opportunity to buy into great companies at a discount. Should a stock market crash indeed be in the offing, I'll be looking to buy, or add to, the following three stocks.