As geopolitical tension spikes, these market veterans say a classic stock-market buying opportunity has arrived

MarketWatch reports that geopolitical escalation in Iran has triggered a selloff in U.S. stocks, but prominent strategists Ed Yardeni and Tom Lee argue the decline is a buying opportunity rather than the start of a deeper downturn. The S&P 500 fell 1.2% and slipped below its 50-day moving average, while oil approached $100 a barrel, highlighting a classic risk-off move. Yardeni recommends adding exposure to energy as a hedge, while also favoring financials, healthcare, and industrials. Lee says investors are overreacting to war fears and disappointing megacap tech earnings, noting that past geopolitical shocks have often led to V-shaped rebounds. The article frames the current weakness as temporary and suggests the market may recover if conflict risks stabilize.