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2 Safe Stocks to Buy if There’s a Market Crash -Breaking

by Mike Robinson

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© Reuters. 2 Stocks that are safe to buy in the event of a market crash

Investors now see a market crash as a result of the continued spread of COVID-19 and supply chain disruptions. It could therefore be a wise decision to invest in quality stocks UnitedHealth, UNH. The Target TGT is a result of their market resilience, ongoing outperformance and high institutional ownership. Let’s discuss.Even though the stock market got a boost from solid third-quarter earnings reports, a supply chain crisis and high prices still exist and have been increasing inflation risks. Jerome Powell, Federal Reserve Chair said that last week the U.S. central banking should start to decrease its support of the economy by reducing asset purchases. The bank’s ultra-loose monetary policy, in part, has led to stretched valuations for several fundamentally weak stocks.

Further market volatility may be caused by the possible effects of increasing COVID-19 case numbers on the economy’s recovery. A Bankrate survey found that most experts agree with the prediction of a stock market correction next year.

We believe it would be prudent to place your bets on the fundamentally strong stocks Target Corporation (NYSE 🙂 or UnitedHealth Group Incorporated (NYSE :). They are rated ‘Strong Buy’ or ‘Buy’ in our POWR Ratings system. They also possess solid stability and growth attributes.

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