Alphabet Pulled Back Hard. Here Are My Top 3 Megacaps to Buy on the Dip.
Once the first major name tumbled, others followed suit, whether they should have or not. That spells opportunity for bargain hunters.
Overview
Plenty of stocks are down quite a bit just since the middle of the month. But it's Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) that's arguably inflicted the most net damage. The S&P 500's (SNPINDEX: ^GSPC) second-biggest name is now sitting 15% below its mid-May peak, clearing the way for other similarly sized names to suffer similar stumbles. And many of them have.
Veteran investors know, however, that such setbacks are opportunities more often than they're omens.
Details
With that as the backdrop, here's a closer look at three megacaps to buy on the dip led by Alphabet.
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.