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Buy the dip!

Great company given the increasing need for RPA (Robotic Processing Automation). UIPath is one of the market leader for such software. Many blue chip companies are using it to automate their processes to reduce manpower etc. 

No matter how choppy the market is, always stay invested. Market movement is never going to be smooth sailing. Any significant dip in the market is always a buying opportunity. No doubt defensive sector such as tech and healtcare will get some correction as travel borders get lifted. Long term investors will look at this as a buying opportunity and add more into their portfolio. Blue chip counters like Apple and Microsoft are worth buying more for sure. On the other hand, having cyclical counters like NCLH, MGM, Banks will help to balance out the portfolio should there be a shift to to either side. If you are unsure of what good counters to invest in, the S&P500 is a good counter to constantly invest into for the long run. Take a look at its 5/10/20/30/40/50 years p

Nike’s dip looks like a buy to me. Long term investors shouldn’t be too worried about short term movements. 10-20 years down the road, I’m sure quite a fair bitof population will still be using Nike products and Nike will further innovate to generate new streams of cash flow.