Investing legend Warren Buffet loves it when the stock market goes crazy. "The sillier the market's behavior, the greater the opportunity for the business-like investor," he wrote in the preface to Ben Graham's The Intelligent Investor, fourth edition.
The COVID-19 pandemic has triggered a massive wave of irrational behavior in the stock market. Investors who can cool their cool in this environment, with a "business-like" focus on finding excellent businesses, can often pair their finds with fantastic buy-in prices. You can find great companies in Wall Street's bargain bin right now.
Sure, the market might take another dive if the coronavirus crisis sticks around much longer. But you don't have to time the market bottom with scientific precision. Not even Warren Buffett tries to do that, because it's an impossible task that depends on a plethora of variables beyond the investor's control. You should simply keep some dry powder to burn in the next market dip, if it ever comes, and get started with a couple of top-shelf companies whose stocks already trade at very attractive prices. Here are two great stocks to buy today.