It has been a tough start to the month for Australian investors with the uncertainty over the U.S. Presidential election weighing heavily on global markets.

Although investors will need to wait until next week before the result is clear, I think now could be a great time to identify the shares you might like to buy should the markets fall further from here.

With that in mind, here are four shares that I would consider buying if they continue to get hammered over the coming week:

BWX Ltd (ASX: BWX)

BWX’s flagship natural beauty range ‘Sukin’ is the clear market leader throughout pharmacies across Australia and has enjoyed spectacular levels of growth in recent years. The company is yet to fully tap into overseas markets and this should provide the company with some wonderful expansion opportunities over the coming years. Although the shares have already pulled back from their recent highs, I think an entry point around $4 per share would represent an excellent buying opportunity.

Retail Food Group Limited (ASX: RFG)

Retail Food Group shares have taken a pretty big beating over the last day or so and, if this continues, they could soon be offering investors a fully franked dividend yield of close to 5%. At that level, I would be a happy buyer considering the company is currently enjoying a period of positive earnings momentum. Along with a boost in the dividend, the company is expected to deliver underlying earnings growth of around 20% in FY17.

REA Group Limited (ASX: REA)

REA Group shares have lost around a quarter of their value since mid-July over fears the company could encounter a period of slowing earnings growth as a result of a reduction in residential property listing volumes. A quarterly update is scheduled to be released at its AGM next week and investors should get a clearer picture on the company’s short term outlook. In any case, a negative reaction from the market could present an attractive opportunity for longer term investors.

CSL Limited (ASX: CSL)

CSL shares have now well and truly broken under the $100 level and are currently trading at a 20% discount to their recent all-time high of $121.25. Considering the shares still trade on a lofty earnings multiple of around 30x, I wouldn’t be surprised to see the shares fall further from here should the markets continue to sell off. If this was to occur, I would be a confident buyer of CSL shares knowing the company has a world-class development pipeline that provides it with a superior growth profile.

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Motley Fool contributor Christopher Georges owns shares of Retail Food Group Limited. The Motley Fool Australia owns shares of Retail Food Group Limited. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.