Stocks To Buy During Stock Market Correction

◊ Best Stocks To Buy During Stock Market Correction ◊

Here are 3 of the best stocks to buy to ride out a stock market correction. Most of these revolve around the idea of investing in high-quality companies that have good cash flows and business health.

1 – Coca-Cola

Coca Cola Shares Reach 4-Year High After After Q1 Earnings Announcement

MARKET VALUE: $222.5 billion


Market pundits often suggest consumer staples stocks when the market seems ready to pull back. Companies in this group enjoy stable demand in good times and bad and their stocks tend to pay good dividends, making them among the best stocks to help soften the blow of a market downturn. However, just because a company is in this sector does not mean it can stave off the bears. It must offer solid financial health and good market share in its industry.

David Bickerton, president of MDH Investment Management in Ohio, says Coca-Cola (KO, $52.03) is well-positioned within the sector, has a “fortress” balance sheet and pays a strong dividend. That payout has increased without interruption for 57 consecutive years…

Coca-Cola cruised to new all-time highs in July thanks in part to organic growth through its Dasani brand of seltzer waters. Its acquisition of British international coffee chain Costa Coffee – which had nearly 3,900 locations by the end of 2018 – is proving to be a major contributor to growth through its stores and thousands of vending facilities.

Coca-Cola’s revenues still are growing outside of the United States, too, despite the generally slower global economy – again thanks in part to Dasani.

A strong U.S. dollar is a headwind for Coca-Cola, as it weakens the effect of the company’s overseas earnings. But should the dollar weaken, that would provide another lift to Coke’s business.

2 – Sherwin-Williams

Paintbrush balancing on open tins of paint, overhead view, close-up

MARKET VALUE: $47.3 billion


One of the least expensive home improvement projects is a fresh coat of paint. And with demand for home improvement proving to be less cyclical than in the past, Izet Elmazi – senior portfolio manager with Bristol Gate Capital Partners in Toronto – thinks Sherwin-Williams (SHW, $512.95) is the right stock for stability and growth.

Sherwin-Williams is a global leader in making and selling paints, coatings and other similar products. Elmazi believes the company is financially sound thanks to high free cash flow generation and an improving balance sheet. SHW has generated $17.7 billion in revenue over the past 12 months with 43% gross margins.

3 – Royal Bank of Canada


MARKET VALUE: $111.6 billion


Royal Bank is a global enterprise, operating in 42 countries including Canada and the United States. The company posted more than C$3.2 billion in profits last quarter and is one of Canada’s most valuable brands. It also has raised dividends for eight consecutive years, at a clip of about 8% annually over the past five years.

Royal Bank, like many other Canadian banks, began its current dividend growth streak near the end of the financial crisis – just when markets were starting to recover. But the important takeaway is that Canadian banks’ dividends were starting from higher ground. None of the Canadian “Big Five” banks executed a dividend reduction, and in fact, none had to take a bailout.

Start Trading Now or Try a FREE Demo Account.

As Royal Bank’s stock fell from roughly $49 to under $25 during the heat of the crisis, the stock recovered back to its original $49 price point in less than a year. Compare this to Bank of America (BAC), which currently trades at $29 per share but topped out above $54 in 2007.

… “Canada’s extensive regulatory environment is what saved these banks from insolvency, and is one of the primary reasons they are such a valuable asset to any investors portfolio today” …

Categories: Insights, Stocks To Buy Today

Tags: , , , , , , , , , , ,

21 replies


  1. German Output Figures Propel Recession Fears – Stock Market News Today
  2. FedEx to End Deliveries for Amazon – Stock Market News Today
  3. China’s Exports Unexpectedly Rise in July – Stock Market News Today
  4. Kraft Heinz Shares Fall 15 Percent – Stock Market News Today
  5. Top 5 Market News on Friday – Stock Market News Today
  6. Stock Market News on Friday – Stock Market News Today
  7. Stock Market News {Friday} – Stock Market News Today
  8. Aramco: Plans for Biggest-Ever IPO Are Back On – Stock Market News Today
  9. Asia Shares Slip Today ( Tuesday ) – Stock Market News Today
  10. How To Make Money During Stock Market Correction? – Stock Market News Today
  11. US Removes Some Items From China Tariff List – Stock Market News Today
  12. Stocks Rally on Tariff Delay – Stock Market News Today
  13. Bond Market Recession Signal … – Stock Market News Today
  14. Wall Street: Strong Retail Sales Data – Stock Market News Today
  15. Hopes of Bigger-Than-Expected ECB Stimulus Measures Lift Stocks – Stock Market News Today
  16. How To Start Trading Stocks Online? – Stock Market News Today
  17. Trump Dismisses Recession Fears – Stock Market News Today
  18. Home Depot Cuts Sales Forecast – Stock Market News Today
  19. 5 Stocks To Buy Today … { September 2019 } – Stock Market News Today
  20. 5 Cheap Stocks to Buy Today { October 2019 } – Stock Market News Today
  21. Stocks To Buy Today … { October 2019 } – Stock Market News Today

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: