A bear market is when the index's price falls by 20% or more from its high-water mark.
The broad market indexes are entering bear market territory, creating some bargain buying opportunities for the stocks within. Here's why I am considering buying Home Depot (HD 0.74%) and Nike (NKE -1.26%) stock if their price keeps falling.
*Stock prices used were the afternoon prices of Sept. 30, 2022. The video was published on Sept. 30, 2022.
Parkev Tatevosian has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Home Depot and Nike. The Motley Fool has a disclosure policy.
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