2 Great Financial Stocks You Can Buy on Sale
The stock market has stormed back over the past few months to recapture the highs it reached before the COVID-19 crash. In fact, the run-up has been so strong and fast that many stocks, particularly in the technology sector, are now overvalued. That's one reason is why we've seen heightened volatility in recent weeks: Just look at the Cboe Volatility Index, or VIX, which, earlier this week, went back above 30 after hovering in the low 20s throughout August.
But the market remains bifurcated. Stocks in some high-flying sectors are expensive, while those in others are still struggling due to the effects of the pandemic. It is in these beaten-down sectors where investors can find the best values -- that is, companies with solid fundamentals and leadership positions in their industries, but that are temporarily hobbled by the current conditions.
Source Fool.com
