Preparing for a Market Crash? Put This AI Technology Stock on Your Watchlist Right Now.
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Investing in growth stocks means you need a strong stomach. Volatility is the price of admission for owning huge winners, and investors should expect drawdowns every so often from even the best stocks in their portfolios. Broad market weakness can also present headwinds. Few stocks did well during the 2008 market crash, the spring of 2020, or in 2022 when the market indexes tumbled.The market indexes are beginning to creep back to all-time highs when it comes to valuation. If you are worried about an impending market crash hurting your portfolio, then I have the perfect technology stock: Coupang (NYSE: CPNG). Here's why the international stock is a good buy today and one to keep on the watchlist if a market crash brings havoc to technology stocks in the near future.Even though Coupang is listed and headquartered in the United States, its e-commerce business is centered in South Korea. The e-commerce player has built up a robust delivery network that powers spending for its Rocket Wow subscription members. Customers can receive orders in as little as a few hours or overnight by 7 a.m. the next morning. Top-notch service includes the installation of appliances ordered online or fresh grocery delivery included for people who pay its Prime-like subscription fee. Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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Quelle: MotleyFool
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