2 Stocks Under $100 You Can Buy and Hold Forever
Whether you're an experienced investor with decades of stock-picking expertise or a brand-new participant in the market, 2022 has been a tough year. The S&P 500 index is down by 16% year-to-date. That's one of the sharpest market drops in decades, exceeded only by truly historic events: the Black Monday crash of 1987, the popping of the dot-com bubble in 2001 and 2002, and the 2008 subprime mortgage meltdown.
Large-scale market downturns like this one cantake down great stocks just as far and fast as lower-quality names. The difference is that robust businesses can weather these storms and deliver market-beating gains. But, at the same time, the same correction will be the final straw that breaks struggling companies of lower quality.
The two tech titans below have what they need to survive and thrive for decades to come. At the same time, they have fallen between 36% and 51% below the all-time high prices they reached last November. With stock prices hovering just below $100 per share, these proven winners may never be this affordable again.
Source Fool.com
