Author:
Source
Bear markets can test an investor’s patience. The average bear market lasts about nine and a half months, so we probably still have a long way to go. In times like this, many investors fall into the trap of not wanting to lose more money, so they quit buying.
However, this is a huge mistake.
Buying during bear markets could set the stage for massive returns, as investors are purchasing assets that are cheaper than they’d be worth if the economic outlook weren’t so grim. With that in mind, I’ve pinpointed two stocks I think investors should buy in the current bear market: Twilio (NYSE: TWLO) and Cloudflare (NYSE: NET). Both businesses were caught up in the stock market euphoria last year and have tumbled to a valuation that makes them attractive.