If you don’t, you’ll be kicking yourself later on.Īt the end of June, one share of technology giant Alphabet (NASDAQ: GOOGL) cost nearly $1,800.00. Here are seven stocks that you should buy on the dip. Other investors should follow suit and also take advantage of this year’s market downturn. If there’s one thing Buffett doesn’t want to miss it is an opportunity to buy great stocks that are on sale. But this year, when the benchmark S&P 500 index suffered its worst first half performance since 1970, Buffett bought more than $50 billion worth of stocks - the most he has purchased since the financial crisis of 2008-09.īuffett took new positions in companies such as Occidental Petroleum (NYSE: OXY) and Ally Financial (NYSE: ALLY), and beefed up his existing holdings in companies such as Apple (NASDAQ: AAPL), finding high-quality stocks to buy on the dip while prices were low and valuations were cheap. However, during the bull run, Buffett repeatedly complained that stock prices were overvalued and that he didn’t see any deals to be had. During the bull market of the past decade, Buffett was harshly and frequently criticized for not buying any stocks or companies even as his holding company, Berkshire Hathaway (NYSE: BRK.B), accumulated a cash hoard that, at its peak, totaled $149 billion. It may seem counterintuitive during times of stress and worry, but bear markets provide investors with many great opportunities to find high-quality stocks to buy on the dip.Ĭonsider Warren Buffett, arguably the most successful investor of all time.

Nvda earning results