Warren Buffett’s mentor Benjamin Graham once said, “In the short run, the market is a voting machine but in the long run, it is a weighing machine.” He understood that stocks are largely driven by investor sentiment, which is inherently fickle over the near term. Graham also knew, though, that business fundamentals matter over the long term.
Sometimes, investors’ “votes” temporarily cause good stocks to decline. However, the underlying strong business prospects of those stocks still make them great picks for long-term investors. In fact, the temporary pullbacks make them even better choices because the stocks are available at more attractive prices.
We’re seeing such opportunities in the market right now. Here are three no-brainer stocks to buy during the latest sell-off.
This post originally appeared at The Motley Fool.