TXRH - Stock Market Plunge: 3 Unstoppable Stocks to Buy Now
With all the major stock indexes posting double-digit losses year to date, investors have had a challenging year. But sooner or later, this bear market will turn into a new bull market. While some stocks still look expensive based on traditional valuation metrics, there are plenty of solid companies on sale right now.
Three Motley Fool contributors each recently selected a company that could deliver even better returns than the market average. Here's why they picked eBay (NASDAQ: EBAY) , Texas Roadhouse (NASDAQ: TXRH) , and Revolve (NYSE: RVLV) .
Parkev Tatevosian (eBay): With stock markets plunging and the U.S. economy arguably in a recession, it pays to own companies that can do well against that backdrop. It's one of the reasons that eBay is one of my favorite stocks to buy now. The e-commerce and auction site is known for bargain prices on used and new goods. Moreover, since the company runs on an asset-light business model, it's not as strongly impacted by rising inflation.
For further details see:
Stock Market Plunge: 3 Unstoppable Stocks to Buy Now