3 Value Stocks Senior Citizens Should Consider Buying Today
Value investing isn't just about buying cheap stocks. A true value investor wants to pay less than something is worth, and the worth of a company depends on its future. A cheap-looking stock in a declining industry with no hope may not be a value stock at all.
For senior citizens, sticking to companies that have durable competitive advantages, meaning that they're unlikely to be upended by competition, is crucial. We asked three of our Foolish investors to each discuss a high-quality value stock well suited for a senior citizen's portfolio. Here's why Walt Disney (NYSE: DIS), Berkshire Hathaway (NYSE: BRK.B), and Wal-Mart Stores (NYSE: WMT) fit the bill.
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Source: Fool.com