Lynch Advises Against Timing Pullbacks; Airbnb, Home Depot, Dick's Named Buys on Dips
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Investing great Peter Lynch cautions against trying to time market pullbacks which often proves counterproductive as stocks tend to rise over time.
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Airbnb has a popular, high-margin business model and is exploring AI to improve user experiences which could provide a buying opportunity in a pullback.
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Home Depot has a history of strong financials even in slower years, and home improvement spending should see long-term growth making it a stock to watch.
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Dick's Sporting Goods has resilient sales and margins in the sporting goods space, a strong omnichannel retail strategy, and owns brands shoppers can't buy elsewhere.
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Airbnb, Home Depot, and Dick’s are named as 3 stocks to consider adding to your portfolio during stock market pullbacks when their prices drop.