Stock Market Sell-Off: 2 Cheap Stocks to Buy Right Now
The market has been brutal in 2022. As we sit at right around the halfway point for the year, the S&P 500 is down 19.7% year to date, and the Nasdaq-100 index is down 29%. Investors are worried about rising inflation, the Federal Reserve raising interest rates, and the potential for the U.S. economy to dip into a recession.
All of these things could have a negative effect on corporate profits, and therefore stock prices. However, if you are an investor with a five- to 10-year or longer time horizon, now is a great time to find some high-quality stocks and buy them at a discount.
Here are two cheap stocks to buy during this current stock market sell-off.
Source Fool.com
