Ben Rains explores where the stock market sits amid the August pullback. The selling doesn't feel great in the moment, but the downturn was needed to help cool things off. The drop also offers investors opportunities to buy into great stocks at attractive levels. The two Zacks Rank #1 (Strong Buy) stocks we look at today are pioneers of key areas of the modern economy—Uber (UBER) and Amazon (AMZN)—and investors might want to buy them now for long-term upside.

(0:30) - Stock Market Update: Everything You Need To Know Amid the August Pullback (4:05) - Does Uber's Positive Earnings Earn Its Way Into Your Portfolio? (11:00) - Is Amazon A Strong Investment For The Long Term?

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