As we saw earlier this month, volatility is a dynamic beast that can lay dormant before reawakening when you least expect it. Former Fool contributor Morgan Housel covers the concept of surprises that lead to volatility in his book, The Psychology of Money. Housel quotes Stanford professor Scott Sagan, who said, “things that have never happened before happen all the time.” To Housel, forecasting when the next crash will come or what it might look like isn’t as important as accepting that volatility exists and positioning your portfolio accordingly.
With that, we asked some of our contributors which companies are worth buying even if the stock market crashes again. They like Dover (NYSE: DOV), Texas Pacific Land Corporation (NYSE: TPL), and Univar Solutions (NYSE: UNVR).