3 Stocks That Could Perform Well in a Market Downturn

Market forecasts are growing increasingly pessimistic. U.S. investment bank Morgan Stanley (NYSE:MS) warned earlier in July that the stock market is headed for a correction in the current third quarter. Mike Wilson, the chief U.S. equity strategist at Morgan Stanley, said stocks are likely to pull back due to uncertainty surrounding the presidential election, corporate earnings and interest rates. So far, the bearish views look accurate, with the benchmark S&P 500 index having fallen 4% since mid-July. Here ...