In this article, we will look at the 10 Best Stocks to Buy While the Market Is Down.
The market has started to tick higher on positive news regarding a potential deal in the US-Iran war. Over the past 5 days, the major indexes, including the S&P 500, Dow Jones, and the NASDAQ, all posted positive gains.
On April 18, Katerina Simonetti from Morgan Stanley appeared on a CNBC Television interview to discuss her firm’s view of the current market situation. She noted that the markets have recently moved higher on positive news, but this does not mean that it is out of the woods.
Despite the uncertainty, Simonetti believes that this is still a bull market and that pullbacks are good buying opportunities. She noted that her firm is advising clients not to wait too long to bring some risk back into their portfolios, as it views the market downturns as healthy corrections in the bull market.
She elaborated that although the valuations have gone down, the earnings continue to go up, and the expectations are also encouraging. Simonetti noted that this suggests that as the good news regarding any deal within the war appears, the comeback will be quick and robust.
With that, let’s take a look at potential stocks that you can buy to reap maximum benefit from the market comeback. Here’s our list of 10 Best Stocks to Buy While the Market Is Down.
Our Methodology
To curate the list of 10 Best Stocks to Buy While the Market Is Down, we used Quality Factor ETFs, reputable financial media, and Reddit as our primary sources. Using these sources, we shortlisted stocks that are recognized as high quality and for which analysts expect more than 25% upside over the next 12 months. We limited our final selection to companies that have recently reported noteworthy developments likely to impact investor sentiment. These stocks are also popular among analysts and elite hedge funds.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).
10 Best Stocks to Buy While the Market Is Down
10. Automatic Data Processing, Inc. (NASDAQ:ADP)
Analyst Upside Potential: 32.63%
Number of Hedge Fund Holders: 68
Automatic Data Processing, Inc. (NASDAQ:ADP) is one of the Best Stocks to Buy While the Market Is Down.
On April 20, Guggenheim maintained a Buy rating on the stock with a price target of $270. The firm argues that the market is underestimating the growth potential of ADP, particularly its enterprise human capital management tool Lyric. Guggenheim noted that industry experts and consumer checks show how ADP Lyric performs well in complex payroll environments such as healthcare.
Moreover, Lyric also works well when deployed as a payroll and compliance layer alongside existing human capital management tools such as Workday and SAP. The firm noted that this “co‑existence” model lets the company serve complex workforce segments it otherwise might not reach. The analyst notes that this “buying motion” broadens ADP’s total addressable market because Lyric can land deals without dislodging the entire legacy human capital management stack.
Automatic Data Processing, Inc. (NASDAQ:ADP) set to release its fiscal Q3 2026 earnings on April 29. Wall Street expects the quarterly revenue around $5.85 billion along with a GAAP EPS estimate of $3.30. The company provides cloud-based human capital management solutions globally.
9. Accenture plc (NYSE:ACN)
Analyst Upside Potential: 26.49%
Number of Hedge Fund Holders: 71
Accenture plc (NYSE:ACN) is one of the Best Stocks to Buy While the Market Is Down.
The Street is bullish on Accenture plc (NYSE:ACN) as 70% of the 30 analysts covering the stock have a Buy rating. Moreover, the average 12-month price target suggests more than 26% upside from the current level.
Recently, on April 20, the company at Hannover Messe 2026 in Germany announced its partnership with Avanade and Microsoft to develop an agentic factory intelligence system. This system can potentially transform manufacturing by enabling AI agents to collaborate with human workers, machines, and data for faster issue resolution on factory floors.
The company noted Kruger and Nissha Metallizing Solutions as early adopters of the agentic factory intelligence system. These companies are validating the concept of agentic factories ahead of its general launch later this year.
Management noted that the factories are built upon the Factory Agents and Analytics platform of Accenture and Avanade. The system is be powered by Microsoft Azure, Fabric, Foundry, and Copilot.
Accenture plc (NYSE:ACN) is a global leader in consulting, technology, and outsourcing services, offering a wide range of solutions across industries.
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