3 Stocks to Buy Hand Over Fist in the Tariff-Fueled Market Downturn
If you haven't noticed yet, it's been a rough period for the stock market over the past week or so. After President Donald Trump announced much harsher tariff rates than most experts were expecting, the S&P 500 fell well into correction territory, and the Nasdaq even finished the week in a bear market, down by more than 20% from its recent highs.Of course, there are many businesses that could take a big hit from tariffs. An obvious example would be retailers who primarily sell imported products. And if tariffs cause inflation or a recession, banks could see default rates spike higher.On the other hand, there are some excellent businesses whose stocks have been beaten down but which should see a minimal impact from tariffs. Here are three in particular that patient, long-term investors might want to look at more closely to spot any price weakness.Continue reading
If you haven't noticed yet, it's been a rough period for the stock market over the past week or so. After President Donald Trump announced much harsher tariff rates than most experts were expecting, the S&P 500 fell well into correction territory, and the Nasdaq even finished the week in a bear market, down by more than 20% from its recent highs.
Of course, there are many businesses that could take a big hit from tariffs. An obvious example would be retailers who primarily sell imported products. And if tariffs cause inflation or a recession, banks could see default rates spike higher.
On the other hand, there are some excellent businesses whose stocks have been beaten down but which should see a minimal impact from tariffs. Here are three in particular that patient, long-term investors might want to look at more closely to spot any price weakness.
