Investing in the stock market can be a daunting task, especially in a volatile market like the one we're currently experiencing. With so much uncertainty, it's hard to know whether it's the right time to invest or if you should wait for the market to stabilize. Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard.
Investors should focus on consistency over the 'right' time to invest. While it's tempting to try and time the market, research shows that consistently investing over time is the most effective strategy. Dollar-cost averaging is a simple way to help reduce your risk and increase your returns, and it works to take advantage of a volatile stock market. By investing a fixed amount of money at regular intervals, you buy more shares when prices are low and fewer shares when prices are high, which can help even out the ups and downs of the market.
So what are the best stocks to buy now? It's important to do your research and choose stocks with strong fundamentals and growth potential. The Cooper Companies, Inc. (COO) is one example of a company well poised for growth, backed by strong prospects in both CooperVision (CVI) and CooperSurgical (CSI). Other undervalued stocks of high-quality companies are also compelling investments today.