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September is upon us, and so is increased stock market volatility for TSX stocks. The TSX Index saw one of its largest single-day declines of the year on Tuesday.
September is traditionally a bumpy month for stocks. With the economy weakening to an extent, further market volatility is to be expected in the back half of the year.
Accelerate your returns by buying high-quality TSX stocks on pullbacks
However, market pullbacks can be your long-term friend. When the entire market draws down, it also pulls down the price of great quality, high-performing stocks. When it does that, you can create new positions or add to current ones at better valuations.
By buying on market dips, you can accelerate your longer-term return profile. Here are two TSX stocks to pick up on dips and then hold for years and years beyond.
A top TSX software stock
Descartes Systems (TSX:DSG) has been an exceptional compounder for many…
