3 Surefire Stocks to Buy if the Market Crashes
When stock prices nosedived in late February and much of March, they reflected the overall fears of the nation (and the world) about the real damage that could be caused to people and to the economy by the coronavirus pandemic. While that potential for true harm was fulfilled in some ways and for some people, others adapted and/or managed the situation and things have somewhat improved. For instance, that early nosedive on stock prices presented an excellent buying opportunity for more intrepid investors as many of those lowered prices quickly rebounded to new highs.
Still, there is real uncertainty about the economy as we approach 2021 and some analysts aren't as bullish about a full recovery as the markets might lead some to believe. These analysts are saying that the market does not match the actual economic situation the country finds itself in and another market correction (or potentially a crash) is still quite possible and could happen soon.
If the market crashes, Amazon (NASDAQ: AMZN), Peloton Interactive (NASDAQ: PTON), and Lemonade (NYSE: LMND) will be great stocks potentially trading at a discount to their current prices. They look expensive right now, but they're excellent companies, and investors should grab them should a market crash opportunity arise. Here's why.
Source Fool.com
