'Be very, very careful': Strategists urge caution on buying the market dip

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, January 24, 2022.
Brendan McDermid | Reuters

As global markets take turns to sell off amid a period of wild volatility, strategists have recommended investors exercise caution when looking for cheap stocks.

More In Pro Insight

CNBC ProGoldman says buy these global stocks to play a $900 billion EV opportunity — and names one with over 50% upside
watch now
CNBC ProBed Bath & Beyond, Goldman Sachs, and Apple are some of today's stocks: Pro Market Movers June 29
CNBC ProHead scratcher: Analysts still see earnings rising this year even as the U.S. teeters on a recession