With one insider purchasing $25 million of their own stock last week and two others making large purchases as well, it is safe to say that these executives think their stocks are oversold. Investors looking for safe bargains in this market should consider any of these three stocks.

There are plenty of reasons to be pessimistic on the market as global equities have gotten off to a horrid start so far in 2016. The litany of worries is substantial and seems to be ever increasing in the first few weeks of the year. This was the third quarter in a row that profits declined year-over-year within the S&P 500 meaning stocks are in a full on “profit recession.” The main culprits for declining earnings continue to be the collapse of oil prices, the strong dollar, and anemic global demand.

Europe is benefiting somewhat from their quantitative easing program initiated by its central bank in March of last year, but growth remains fragile and some European bank stocks are trading at the same levels they did during the financial crisis. Political tension is also increasing across the continent as it deals with the largest migration wave since WWII.

In Asia, Japan is in contraction. China’s growth continues to slow with a recent double-digit fall in both imports and exports recently reported. Another devaluation of the Yuan seems likely in the near future due to falling currency reserves. In South America, Brazil is in its biggest recession in decades and Venezuela looks ready to circle the drain.

However, as scary as the market action and headlines have been in the last months, there are some reasons to maintain some optimism especially for domestic stocks. Auto sales continue to be robust and the unemployment rate is at its lowest levels in years. We have also seen some decent wage growth recently and retail sales are holding up as well. Mortgage rates have fallen for six straight weeks and mortgage applications for new houses just posted a very strong number. The prospects for the housing recovery continuing are strong.