Market Sell-Off: Can Buying These 3 "Safe" Stocks Today Set You Up for Life?
These fundamentally strong stocks remain safer picks, despite the heightened market volatility.
The U.S. equity market has had a solid run in the past two years, buoyed by a steadily improving macroeconomic environment and strong uptake of artificial intelligence technologies. The benchmark S&P 500 index climbed almost 53% in the past two years.
However, at least for some time, the party seems to be over. U.S. stocks have been falling in the past few weeks on fears of a burgeoning trade war and rising economic uncertainty.
Yet, this period can also provide a rare opportunity for astute investors to pick stakes in high-quality and financially strong stocks, which some may deem as "safe" -- or at least safer -- while trading at reasonable levels.
