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3 Bargain-Basement Stocks to Buy Now and Hold Forever

TheMotleyFool

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3 Bargain-Basement Stocks to Buy Now and Hold Forever: https://g.foolcdn.com/editorial/images/749891/value-spelled-in-blocks.jpg

Sometimes, stocks can fall so far out of favor that the market overlooks the obvious opportunity to profit from them. This is part of the natural market cycle, and for long-term investors, these situations present opportunities to buy great businesses at bargain-basement prices.

Right now, three stocks that I think are very cheap are Disney (NYSE: DIS), MGM Resorts (NYSE: MGM), and NextEra Energy (NYSE: NEE). All have real potential to grow long-term. Here's why these three bargain-basement stocks are buy-and-hold candidates.

Image source: Getty Images.

Source Fool.com