As risk appetite weakens in US markets and sharp sell-offs occur in technology stocks, the question for investors is changing: Should they take positions early when prices fall, or wait for the market to calm down? It all started with renewed escalation of conflict between the US and Iran. Following increased US attacks near the Strait of Hormuz, Iran's retaliation against countries in the region boosted oil prices.

When TSMC raised its investment spending forecast despite strong results, investors began questioning the sustainability of the massive budgets allocated to AI investments. Netflix's weaker-than-expected growth forecast also supported the weak outlook in Asian markets. In short, investors are grappling not only with geopolitical risks but also with corporate growth prospects.

In such an environment, simply buying stocks because they are "too low" may not be enough. While some stocks are declining due to the general market sell-off, the decline in others may stem from deteriorating company fundamentals. Therefore, when compiling my list, I focus not only on seemingly cheap stocks but also on companies that can withstand challenging conditions.

My first criterion is a beta coefficient below 1. Therefore, I prioritize companies that can behave more calmly than the index during periods of selling pressure.

My second criterion is a debt-to-equity ratio below 0.5. Low debt can make the balance sheet more resilient during periods of high interest rates.

My third criterion is an analyst consensus score below 2. A low score may indicate that analysts maintain positive views and that any decline could be due to market-wide risks.

My final criterion is an average target price potential above 40%. However, I want this high potential to be accompanied by low volatility, a strong balance sheet, and analyst support.