Send me real-time posts from this site at my email
Motley Fool

5 Stocks I Would Buy During the Next Market Correction

A massive downturn in stock prices may provide substantial buying opportunities to investors who have a plan and a buying list. Today's video focuses on my buying list if the stock market sees a considerable correction. The first five companies on my buying list are Cerence (NASDAQ: CRNC), Advanced Micro Devices (NASDAQ: AMD), Unity Software (NYSE: U), Sea Limited (NYSE: SE), and Nvidia (NASDAQ: NVDA). Here are some highlights from the video:

  1. Cerence is an artificial intelligence leader for the automotive market and is expanding into other markets. With a market cap of less than $5 billion, this is the smallest company on the list. Do not let the size fool you, as the company has shipped nearly 400 million Cerence-powered vehicles worldwide.
  2. The mobile gaming market continues to grow substantially in Latin America and Southeast Asia, and for those reasons, Unity and Sea Limited make it onto the list. Game developers use Unity to create and maintain games. Sea Limited is mainly known for its e-commerce platform Shopee, but its Free Fire mobile game continues to be one of the highest-grossing games worldwide.
  3. The continued improvement of technology needs to be powered by something, and that something is Nvidia and AMD. The graphics processing units and numerous other semiconductor chips made by these two companies help power AI, machine learning, automation, 3D design, and much more.

Click the video below for my full thoughts and analysis.

*Stock prices used were the closed prices of Sept. 1, 2021. The video was published on Sept. 2, 2021.

10 stocks we like better than Nvidia
When our award-winning analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.*

They just revealed what they believe are the ten best stocks for investors to buy right now... and Nvidia wasn't one of them! That's right -- they think these 10 stocks are even better buys.

See the 10 stocks

*Stock Advisor returns as of August 9, 2021

Jose Najarro owns shares of Advanced Micro Devices, Cerence Inc., Nvidia, Sea Limited, and Unity Software Inc. The Motley Fool owns shares of and recommends Advanced Micro Devices, Nvidia, Sea Limited, and Unity Software Inc. The Motley Fool recommends Cerence Inc. The Motley Fool has a disclosure policy. Jose is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.


Source

Popular posts

Welcome! Is it your First time here?

What are you looking for? Select your points of interest to improve your first-time experience:

Apply & Continue