The secret to making money when the market crashes

When the stock market drops, smart investors don't panic, they pounce. Stephen 'Sarge' Guilfoyle, contributor at TheStreet Pro, shares how to identify the best stock bargains when prices plunge.

Related: Buy and hold AI stocks for 'multiple millionaire' returns

STEPHEN 'SARGE' GUILFOYLE: For those of you that this isn't your occupation, that you do something else with the productive hours of your day. So you only get to look at the market a few times a day. Just stick with what you know. When you do get those discounts on the stocks that you have conviction in, you do have to pounce. A few days ago Monday, especially during the everyone who watches this and and reads me knows that I focus on stocks that trade under $10, or at least use the trade under $10. So my core names from that portfolio the Palantir, the pelotons, the, the Rocket Labs, the sulfides. I bought all those names on Monday during that meltdown because those are the names. I'm long them. I'm long a lot of them. And a few days later, some of these stocks are trading significantly higher. So when you have the names you you really believe in. And you do get that 15% off sale that you would, that you would grab in a store. If you were looking for a shirt or a pair of pants, you got to do that with stocks too.