These stocks are getting crushed. Is it time to buy now?



By Patrick Gillespie

U.S. markets are bouncing back Tuesday after declines five days in a row.

Amid all the volatility, sometimes the best time to buy is when there’s blood in the streets, as a famous investor once said.

“You get the best buys when doom and gloom are present. That’s how investing works,” says Kevin Carter, chairman of EMQQ index, an emerging markets index.

Three areas stand out as the biggest losers this time. Even before Monday’s sell off, oil stocks had tanked for months, media companies have been pummeled in August and emerging markets just can’t catch a break.

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