With the S&P 500 up by about 16% over the past 12 months, but the COVID-19 pandemic still ongoing, many investors fear another market crash is imminent.
To be clear, stock market corrections -- rapid, double-digit-percentage price declines -- can't be predicted with any accuracy. They're more common than many think, though. Broad market declines of 10% or more occur every 12 to 18 months on average, but prices usually fully recover within a few months.
Those short-term fluctuations can offer great buying opportunities to long-term investors. We asked three Fool contributors which stocks were on their downturn watch lists. They suggested that Intuitive Surgical (NASDAQ: ISRG) , Roku (NASDAQ: ROKU) , and CrowdStrike Holdings (NASDAQ: CRWD) would be good buys now, but would be even better to pick up if the market takes a sharp turn south.
For further details see:
3 Stocks to Buy If the Market Crashes by 20%