2 Beaten-Down Stocks That Are Great Buys on the Dip
Even when equities are volatile, investors can find great stocks to buy. And the rules for investing in the current environment aren't that different, at least for those focused on the long game: Find quality stocks likely to survive the somewhat challenging period we are experiencing and perform well over five years or more.If these stocks happen to be down significantly for the year -- perhaps due to marketwide issues or company-specific headwinds -- that's even better, provided they have what it takes to rebound. Let's consider two stocks that have lagged the market this year but still look like great long-term options: Amazon (NASDAQ: AMZN) and Merck (NYSE: MRK).Image source: Getty Images.Continue reading
Even when equities are volatile, investors can find great stocks to buy. And the rules for investing in the current environment aren't that different, at least for those focused on the long game: Find quality stocks likely to survive the somewhat challenging period we are experiencing and perform well over five years or more.
If these stocks happen to be down significantly for the year -- perhaps due to marketwide issues or company-specific headwinds -- that's even better, provided they have what it takes to rebound. Let's consider two stocks that have lagged the market this year but still look like great long-term options: Amazon (NASDAQ: AMZN) and Merck (NYSE: MRK).
Image source: Getty Images.
