2 Stocks Under $100 You Can Buy and Hold Forever

Many experienced investors will tell you that some of the best stocks in their portfolios were bought during bear markets. As legendary investor Shelby Collum Davis said, "You make most of your money in a bear market, you just don't realize it at the time."

While the market has climbed out of bear market territory, the S&P 500 is still down 12% year-to-date (YTD), and there are plenty of excellent stocks that are available at discounted prices.

However, to paraphrase another famous investor, Warren Buffett, the key is to buy great companies at a fair price rather than fair companies at great prices. Here are two great companies -- both under $100 per share -- that would make good long-term additions to a portfolio.

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Source Fool.com