Selloffs can look scary at first but they also create excellent opportunities to buy top stocks at discounted prices. As the market falls, it often takes well-managed, successful businesses with it. In many cases, the low prices don’t last long because investors quickly adapt their strategies and start adding strong companies to their portfolios.
Which top stocks should you buy during the current selloff?
» Read more about: 3 Under The Radar Stocks To Buy During a Selloff »
» Read more about: Buffett Sold 100% of His Holdings in These Stocks »
Many economists, including Nobel Prize-winner Paul Krugman, have pointed out that the stock market only represents a small area of the economy. The market can thrive even while people struggle with financial uncertainty, political strife, and worldwide illness.
Regardless of what economists say, it seemed strange to many that the market could reach new heights while so many consumers struggle.
It’s been joked about that Warren Buffett must have been royalty in one of his past lives. For one thing, he’s the reigning king of stocks. Plus, his love of moats must have originated somewhere.
But what about pets?
It turns out there is a pet company that combines Buffett’s love of moats and insurance: Trupanion.
A retirement account totaling over $1,000,000 may sound out of your reach right now but with a particular investment strategy it may be closer to your grasp than you first think. While there are many good strategies when it comes to growing an investment account, one that is often overlooked is investing in Real Estate Investment Trusts or REITs.
A global semiconductor shortage has made it difficult for several companies, including those in vehicle and smartphone manufacturing, to keep up with demand. Practically any industry that relies on microchips has faced disruptions over the last few years.
While the global chip shortage hurts many companies, it creates enormous opportunity for chip manufacturers.
» Read more about: 1 Monster Stock In Global Chip Shortage »
Tech stocks are out of favor at the moment. You don’t need to look much further than Peloton, down over 80% from its highs to know that high growth stocks have been tossed out of portfolios with abandon.
And while some companies deserve to have their valuations chopped up, others have strong fundamentals and are growing at a rapid pace yet their share prices are not reflecting the positive news.
Bitcoin was the first digital currency to take off. It was also the first successful application of blockchain technology. When it debuted in 2009, it didn’t face any competition. That fact helped it become extremely popular as network effects kicked in.
Research has shown the value of a company or project is correlated to these network effects.
The weight of inflation, high energy costs, rising interest rates, and pessimism has dragged prices down to create a bear market. As prices of former high flying stocks creep ever lower, it’s tempting to cut portfolio holdings and run. But some companies stand out with exceptional business models and are trading at attractive valuations.
When news headlines are pervasively negative,