2 Growth Stocks I Plan to Buy if the Stock Market Crashes
A growing number of risks are threatening the bull market in stocks.
Overview
At the close of trading on Tuesday, Sept. 15, the benchmark S&P 500 stock market index had a Shiller Cyclically Adjusted Price-to-Earnings (CAPE) ratio of 40.3, its second-highest valuation since the peak of the dot-com internet bubble in 2000. Meanwhile, risks are quickly mounting.
Oil prices are currently soaring due to the ongoing geopolitical tensions in the Middle East, placing upward pressure on inflation and global interest rates. Moreover, start-ups like Anthropic, OpenAI, and xAI are calling for a slowdown in the pace of artificial intelligence (AI) development, which could derail high-growth sectors like semiconductors. To top things off, the midterm congressional elections are coming up in November, which could be another source of market volatility.
Details
With all that said, the S&P 500 has trended higher over the long term, so I'll be looking for buying opportunities if the aforementioned headwinds cause a crash. Here are two stocks I'd like to scoop up at a discount.
Source
Originally published at www.fool.com.