750 plus days and counting…

That’s how long it’s been since the market’s last 10% pullback. We might not have to wait very long for next market correction… and personally, I can’t wait for that day to come.

We came close during the recent market turbulence, but didn’t quite breach the 10% mark — the S&P 500 pulled back only 7.4%. While it was a nice time to load up on some of my favorite companies, I’m still patiently waiting for the real correction to come.

See, when the market gives you a gift, you take it. But it’s always important to make sure you have a plan in place. And my plan is simple — I will load up on what my colleague Dave Forest refers to as “The World’s Greatest Businesses.”

#-ad_banner-#A couple of stocks are currently at the top of my shopping list…

The first company on my list will come as no surprise to regular readers of StreetAuthority Daily — we last wrote about it back in August.

Topping my list is computer chip giant Intel (Nasdaq: INTC). Now I know this seems like a boring, stodgy tech company, but it’s simply too good to pass up.

In the recent market selloff, the computer chip giant felt the pain, falling as much as 12% from its September highs. This came despite its recent quarterly earnings report, where it grew revenue 8% and net income 12%, compared with the same period a year ago.

I’m waiting for shares to fall just a little bit further. Because the simple fact is, when looking for world-dominating stocks to hold forever, Intel fits the bill perfectly.

First, it has huge (and lasting) advantages over the competition.

Second, it pays investors each and every year by dishing out fat (and growing) dividends.

And third, it buys back massive amounts of its own stock.

These are three characteristics of some of the world’s greatest businesses, and key qualities in finding what we at StreetAuthority like to call “Forever Stocks.”

Back when Intel was first recommended in Top 10 Stocks in 2011, it held more than 70% market share in the multi-billion dollar semiconductor market. It bought back nearly $7.5 billion of shares in the first three quarters of 2011 and it was increasing its dividend at an average rate of 16% a year… not to mention it paid a healthy dividend of 4.2%.

Readers who pulled the trigger on the stock back then have enjoyed gains of more than 80%.

But Intel isn’t the only company of its kind either. In fact, Dave Forest has an entire list of world dominating companies that make up his list of Forever Stocks.

Another one is Hershey (NYSE: HSY) — also a Top 10 Stocks holding.

The candy giant’s stock is sitting just below its September highs… and is still one of the most recognizable brands in the world.

The company pulled in over $1.5 billion in revenue in its most recent quarter. After all, people aren’t going to stop buying chocolate anytime soon.

Companies like Hershey and Intel benefit from what is often referred to as a wide economic moat. This means they have a distinct advantage over their competition, allowing them to maintain profits.

Hershey’s moat is the company’s strong brand image. Consumers can buy chocolate bars and candies from thousands of different producers worldwide. It’s easy to make a sweet, savory piece of chocolate or candy — there’s really nothing unique or proprietary about this product.

But consumers can only buy popular chocolate Kisses or Reese’s Peanut Butter Cups from Hershey’s. And they’ll continue to reach for these candies regardless of how many cheaper alternatives there may be on the market.

It’s factors like this that make Hershey’s one of the best stocks to buy and hold forever — and one of the most likely to consistently beat the market.

Just take a look at its performance compared to the market.

This unsexy, “boring” company has more than doubled the performance of the S&P 500 over the past five years even in the midst of a roaring bull market. The results speak for themselves.

If you want to be successful at investing, then make a shopping list for the next market pullback. And companies like Intel and Hershey’s should be at the top of your list when the next market correction hits.

Buying some of the world’s best businesses when they go on sale can not only help you sleep better at night, but also tend to go on to beat the market over time. A great place to start is with Dave’s list of Forever Stocks. To get the names and ticker symbols of companies like these, including ones that have soared 45%, 56% and 71%, go here.