Stock Market Crash 2.0: Here Are 3 Stocks You'll Absolutely, Positively Want to Buy
Stock market crashes aren't all that unusual. During your lifetime, you're likely to experience quite a few of them. But multiple major stock market crashes in the same year are practically unheard of.
Just because something hasn't happened in the past doesn't mean it can't happen, though. After the massive market meltdown in the spring and the subsequent strong rebound, some investors are wary that if there's a year when two market crashes will occur, it'll be 2020.
As has been the case with previous steep market declines, a potential second plunge this year would present a fantastic buying opportunity for long-term investors. If a "stock market crash 2.0" is on the way, here are three stocks that you'll absolutely, positively want to buy.
Fastly (NYSE:FSLY) has been a huge winner in 2020, with the tech stock more than quadrupling year to date. But it's also priced at a nosebleed level, with shares trading at more than 35 times sales. If there's another market crash in the near future, Fastly is likely to sink like a brick.
The company specializes in content delivery networks (CDNs) and edge computing. CDNs are distributed platforms of servers that reduce the physical distance between the servers and users. Edge computing moves processing closer to the point where corporate networks connect with the cloud (the cloud's "edge"). With both technologies, the goal is to increase the speed of delivering apps and data across the internet.
The increasing ...
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