2 Stocks I Bought Last Week
There are plenty of bargains in the stock market for long-term investors with some patience. If you can look past short-term troubles and identify stocks with long-term potential, you can produce solid investment results.
I bought shares of Walt Disney (NYSE: DIS) and American Tower (NYSE: AMT) last week, adding to existing positions in both cases. Neither stock has done well over the past year, and both companies are facing significant challenges. While the short-term pictures aren't pretty, I think both stocks will work out just fine in the long run.
Disney has a lot to figure out. The company's parks and cruises are doing well, so much so that Disney will double its capital investments over the next decade to $60 billion. But everything else is a mess.
Source Fool.com
