Buy the Dip? Consider These Value Stocks and ETFs Instead.

Buy the dip, wrote J.P. Morgan’s strategists early this past week. As calls to courage go, it wasn’t exactly Churchill during the Blitz.

The dip in this case was a 2% decline, year to date, in the S&P 500, bringing its 10-year gain to 261%, not counting dividends. Also, many of the biggest individual dippers this year have been thinly profitable highfliers, like cloud player Snowflake (ticker: SNOW), or assets that are backed by suspended disbelief, like crypto.


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