Market Crash Alert: Top Stocks to Buy Now

The S&P 500 is near all-time highs, but market crashes can still occur unexpectedly. To prepare for such an event, investors should have a list of stocks to buy on the dip.

The Motley Fool's top picks in this scenario are Taiwan Semiconductor Manufacturing (TSM), Alphabet (GOOG and GOOGL), and Amazon (AMZN). These companies are crucial to global markets and their products cannot be easily replaced.

TSM is the world's largest chip manufacturer, supplying nearly every advanced electronic device. Its chips are used in AI build-outs, but TSM also has other business units unrelated to this sector. Investing in TSM is a bet on continued demand for advanced technology.

Alphabet operates Google Search, which remains a dominant advertising platform despite concerns about AI replacing it. Alphabet's cloud computing division, Google Cloud, also benefits from AI workloads and charges by usage, providing a steady income stream.

Amazon has a strong commerce business and a thriving cloud computing segment, Amazon Web Services (AWS), both of which are less likely to slow down in a downturn. The company has survived previous market turbulence, including the dot-com bubble, the great financial crisis, and the COVID-19 pandemic.