During the past two weeks, volatility has crashed what had been a pretty placid stock market party. The rout was so pronounced that the media began reporting on the ups and downs of stocks. And that dire-sounding terminology we hadn't seen in the financial press in awhile--doom and gloom, market swoon, volatility plagues the market--resurfaced.
But market volatility isn't necessarily a "plague," as some would suggest. Of course, stock market uncertainty can be unsettling, but it can also be a stock-picker's friend, bringing down the prices of great companies.
Susan Dziubinski does not own shares in any of the securities mentioned above. Find out about Morningstar's editorial policies.