5 Industries to Buy Hand Over Fist When the Stock Market Crashes
I've got some good news and some bad news, and they're one and the same: A stock market crash is coming.
To be fair, we're never going to know ahead of time precisely when a crash will occur, how long it's going to last, or how steep the decline will be. But we do know that double-digit percentage declines have occurred for the S&P 500, on average, every 1.87 years since the beginning of 1950. We also know that a number of data points concur with the growing likelihood of a crash or steep correction.
But as noted, crashes are good news, too, because they allow investors to (hopefully) buy into high-quality stocks at a discount. When the next crash inevitably strikes, the following five industries should be bought by investors hand over fist.
Source Fool.com
