News Snapshot:
Buying the dip in the right stocks can accelerate your returns. Here’s a way to choose the right stock to buy the dip. The tried-and-tested formula of buy the dip and sell the rally might sound easy but is difficult to implement. If you buy the dip of a stock that is nearing the end of its business cycle or whose fundamentals are too weak to put it back on its feet, you are digging deeper into the pit. Thus, it is important for you to study the business, the growth drivers, and risks before considering buying at the dip....