ALLIANCEBERNSTEIN: Here are 17 stocks you might want to buy when the stock market gets rocky

Although heavy selling has engulfed US stock markets over the past several weeks, that does not mean investors should exit the market completely, an AllianceBernstein quantitative research team led by Ann Larson wrote in a note sent out to clients earlier this week.

Both the Dow Jones industrial average and the S&P 500 tumbled into correction territory as selling on Thursday pushed their slides from all-time highs in excess of 10%. Additionally, the Cboe Volatility Index spiked as high as 37, signaling heightened fear in the market place.

But the "fundamentals remain strong," Larson's team wrote. "We recommend staying invested, but to the extent that investors can be opportunistic," she added, making particular note of the many companies that have a strong free cash flow yield. Larson's guide for navigating the volatile stock market centers on finding stocks that have both a strong free cash flow and aren't overcrowded.

Here are 17 names on the list: