You know it’s coming.
Sooner or later, the current long-in-the-tooth bull market will end — probably in tandem with an economic downturn. What will you do when it happens? For some, the answer is to panic. A better approach, though, is to take advantage of the opportunity to buy solid stocks at lower prices that should perform well over the long run.
Three such stocks that would be great picks when the bull market fizzles are Celgene (NASDAQ: CELG), Facebook (NASDAQ: FB), and Wal-Mart Stores (NYSE: WMT). Here’s why.