1 Spectacular Stock to Buy During the Latest Dip in the S&P 500
Between October 2023 and March 2024, the benchmark S&P 500 (SNPINDEX: ^GSPC) index surged by 25% in (almost) a straight line. It culminated in a new record high of 5,254 on March 28, but the index is now in the midst of an ongoing sell-off.
The S&P 500 is currently trading 3.6% below its best-ever level in what largely appears to be a typical bull market pullback. History proves the index always rises to new heights given enough time, which could be a great opportunity for investors to top up their portfolios.
One stock to consider is cybersecurity powerhouse Tenable (NASDAQ: TENB), a leader in the vulnerability management segment of the industry. Cybercrime is set to cause $9.5 trillion worth of damage globally this year (according to Cybersecurity Ventures) and here's why Tenable is perfectly positioned to defend its customers and create value for investors.
Source Fool.com
