2 Top Stocks to Buy in This Coronavirus-Rattled Stock Market
At a time when the novel coronavirus outbreak has rattled the stock market, investors might be left wondering if it is a prudent idea to buy stocks right now. After all, it has been a crazy past month with the Dow Jones Industrial Average receding from a record-high close of 29,551 points on Feb. 12, 2020, to nearly 19,000 points on March 20.
But as my Foolish colleague Jason Hall points out, now may be a good time to buy stocks, even though the probability of the overall market going lower remains.
According to Hall, the stock market is known to undergo corrections from time to time before rebounding strongly. It is never a good idea to time the bottom, as Hall points out, which is why investors should slowly start buying worthy stocks whenever there is a big double-digit drop in the broader market.
Source Fool.com
