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.

Continue reading

Source Fool.com