S&P 500 correction triggers stock buying recommendations
The S&P 500 index officially entered correction territory on March 13, dropping 10.1% from its all-time high on February 19. This decline is attributed to concerns over tariffs and high market valuations. Investors are being advised to consider four stocks during this correction. NextEra Energy is highlighted for its stable demand and focus on renewable energy. Johnson & Johnson is noted for its consistent performance in healthcare and ongoing investment in drug development. AutoZone is recognized for its growth potential as vehicle ages increase, while Alphabet is seen as a strong investment due to its dominance in online advertising and growth in cloud services.