2 Glorious Growth Stocks to Buy Hand Over Fist If the Stock Market Crashes
The S&P 500 index set a fresh record high last week, but cracks are starting to appear in this bull market. A rising inflation rate, interest rate hikes, and even some volatility in artificial intelligence (AI) stocks could set the stage for a steep correction. The S&P 500 is particularly vulnerable right now because of its elevated valuation. It's trading at a Shiller Cyclically Adjusted Price-to-Earnings (CAPE) ratio of 41.8, its second-highest valuation ever behind the peak of the dot-com internet bubble in the year 2000. The index plunged by 49% when that bubble eventually burst, and while I'm not predicting a similar decline is on the horizon, I think a sell-off is increasingly likely. But history suggests the broader market always trends higher over the long term, so a downturn would almost certainly be a buying opportunity. Here are two stocks investors might want to pick up at a discount if the market tumbles. Continue reading