3 No-Brainer Stocks to Buy in a Correction
When the market has a correction, investors often throw out the baby with the bathwater. Basically, even great companies can quickly find themselves being sold indiscriminately despite strong businesses and a long history of success. That's why you should keep a list of stocks you'd like to buy in case of a big market sell off.
Three companies you might want to have on that list are Procter Gamble (NYSE: PG), Realty Income (NYSE: O), and (NYSE: NUE). Here's why.
Procter Gamble (P) is a consumer staples giant with a $360 billion market capitalization. Its iconic brands, which include Bounty and Tide among others, generally sit at the premium end of the market. And it has the scale and distribution strength needed to be a key partner to retailers.
Source Fool.com
Nucor Corp. Stock
With 18 Buy predictions and not the single Sell prediction the community is currently very high on Nucor Corp..
As a result the target price of 153 € shows a very positive potential of 55.03% compared to the current price of 98.69 € for Nucor Corp..
