Market pullbacks and corrections can be unsettling for many investors. However, for those with a long-term perspective, these periods often present unique opportunities to acquire quality assets at more attractive prices. The key is to have a clear understanding of what you want to invest in before the market experiences a downturn.
Here are three ASX 200 shares that could be worth considering if the market dips again:
Goodman Group (ASX: GMG)
Goodman Group is one of the ASX 200 shares I would be closely watching. At first glance, it may appear to be a traditional property company, but its true strength lies in logistics and data infrastructure. The company develops and manages high-quality industrial properties that play a crucial role in e-commerce supply chains and are increasingly important in data centre ecosystems.
As the demand for digital infrastructure continues to grow, Goodman is well-positioned to benefit from trends such as cloud computing and artificial intelligence. A market pullback could offer an opportunity to gain exposure to these structural themes through a proven operator.
ResMed Inc (ASX: RMD)
Another ASX 200 share I would target is ResMed. This company operates at the intersection of healthcare and technology, focusing on sleep apnoea devices and connected care solutions. What makes ResMed particularly interesting is the evolution of its business model beyond just hardware.
Each device sold opens the door to long-term recurring revenue through masks, software, and patient monitoring platforms. While concerns around weight loss drugs briefly affected sentiment, the reality is that sleep apnoea remains underdiagnosed globally. Management sees these drugs as supporting demand rather than limiting it.
If the share price were to dip again, it could be an opportunity to pick up a high-quality global healthcare leader at a more attractive valuation.
Xero Ltd (ASX: XRO)
A third ASX share I would consider buying on weakness is Xero. The company has already built a massive global platform for small business accounting, but the next phase of its growth could be even more exciting. Rather than simply adding new users, Xero is focused on deepening its ecosystem by integrating payments, payroll, lending, and analytics.
These integrations create additional value for customers and increase revenue per user. This shift means Xero’s growth is becoming more efficient and potentially more predictable. While there are concerns about AI disrupting its business, management doesn’t believe this will be the case. In fact, it expects AI to support the business and has recently announced a deal with AI giant Anthropic.
If volatility returns and the share price pulls back, it could present a compelling entry point into a business with strong long-term potential.
Final Thoughts
While market fluctuations can be challenging, they also provide opportunities for strategic investors. By identifying quality companies with strong fundamentals and growth potential, investors can position themselves to benefit from future market recoveries.
It’s important to conduct thorough research and consider personal investment goals before making any decisions. Understanding the long-term trajectory of a company and its ability to adapt to changing market conditions can make all the difference in achieving financial success.
