2 Stocks You'll Be Glad You Bought 10 Years From Now
As the COVID-19 pandemic continues, some businesses are not doing well. For example, banks are bracing for billions of dollars of losses as the elevated unemployment rate could cause a spike in consumer loan defaults. And malls not only had to close for several months as the pandemic worsened, but many mall retailers were struggling to survive even before the pandemic.
Having said that, it could be an excellent time for patient long-term investors to pick up shares of some of the best-in-breed companies in businesses like these. That's why I recently added shares of Bank of America (NYSE: BAC) and Simon Property Group (NYSE: SPG), and why you may want to add them to your radar as well.
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Source Fool.com