One portfolio manager said Monday's correction could be an opportunity for bargain-hunting investors to rebalance their accounts.
"There are some big household names that are really attractive today," Bill Nygren, fund portfolio manager at value-investing based mutual fund group Oakmark Funds, said Monday on CNBC's "Halftime Report."
Investors can find good values by adding an asset that has gone down to their portfolio, Nygren said. With the stock market regaining 500 points Monday after a steep decline in morning trading, that asset is now equities, Nygren said.
Read MoreMarket's wild ride isn't over yet