Oscar Health is gaining market share in health insurance.
Adyen is a dominant player in enterprise payment processing.
Remitly Global is quickly gaining share in the global money transfer market.
The investing world is worried about the current geopolitical conflict in Iran and what it could mean for oil prices and global inflation. We are already seeing disruptions in countries with fuel shortages, with potentially more on the way.
In response to these fears, the Nasdaq-100 index is already in a full-blown correction, down more than 10% from its highs. This has presented yet another situation in which the baby is being thrown out with the bathwater, with many stocks that will be largely unaffected by rising oil prices now trading at cheap valuations.
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Here are three unstoppable stocks to buy during this current market correction to hold for the long haul.
Healthcare is an industry with stable spending during economic recessions. You don't skip important doctor's appointments just because oil prices have doubled in the last month.
This makes Oscar Health (NYSE: OSCR) a great stock to own if the economy goes into a downturn this year. The company operates as a health insurer that is technology-forward and focused on the individual payor market of the Affordable Care Act marketplace. With a better customer experience than the competition, it has rapidly gained market share in the last decade.
Increased utilization from customers, as well as tax credit expiration -- which has been a large political debate in the United States -- has investors fearful over Oscar Health's business in 2026. However, the company has guided and reaffirmed that it began 2026 with 3.4 million members, up significantly from 2025. That number will slowly decline as customers churn off health insurance policies throughout the year, but it is significant growth nonetheless.
Plus, with price increases, the company expects to return to profitability this year, with guidance of $250 million to $450 million in income from operations in 2026.
Right now, Oscar Health trades at a market capitalization of just $3.3 billion. If profitability is achieved in 2026, this disruptive health insurer looks mighty cheap for investors right now, regardless of what happens to the broader economy.
Image source: Getty Images.
Switching sectors, Adyen (OTC: ADYEY) is another quality stock getting hit by this drawdown, with shares now off over 50% from highs set less than 12 months ago.
Adyen is a payment processor that helps large enterprises complete transactions both online and offline, anywhere in the world. Navigating the complexity of local rules, payment options, and different storefronts is highly valuable to clients like Spotify and LVMH Moët Hennessy - Louis Vuitton who want a flawless checkout process for customers.
The company is performing admirably, gaining market share with its enterprise clients. Revenue is earned as a small sliver of every transaction processed by an Adyen processor, similar to how credit card networks operate. This means the more payment volume that Adyen processes, the more revenue it will earn, and at the same cost base.
Revenue grew 21% year over year in constant currency in the second half of last year, with 55% earnings before interest, taxes, depreciation, and amortization (EBITDA) margins. The stock trades at a price-to-earnings ratio (P/E) of 26 right now, its lowest ever, making it a great buy for investors focused on the long term.
Another player in the payments sector, Remitly Global (NASDAQ: RELY), is riding a tailwind as foreign money transfers shift from physical deposits and pick-ups to digital transfers, a market in which it is a leading player. This has helped it rapidly gain market share in the industry.
Last quarter, the company's revenue grew 26% year over year to $442 million. Combined with a record operating margin of 9%, Remitly showed it can grow quickly while generating profit, indicating it has a strong business model despite its lack of historical profitability.
At the same time, management is not resting on its laurels, with plenty of new product offerings on tap, such as transfers for small businesses, digital wallets for storing funds, and a new feature called "send now, pay later" for customers.
Right now, Remitly has a market cap of just $3.1 billion. If it can keep gaining market share of the trillions of dollars sent across borders every year, the stock looks like a great buy down 69% from all-time highs.
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Brett Schafer has positions in Remitly Global. The Motley Fool has positions in and recommends Adyen and Spotify Technology. The Motley Fool recommends Lvmh Moët Hennessy - Louis Vuitton, Société Européenne. The Motley Fool has a disclosure policy.