3 Bargain-Priced Value Stocks That Could Double Your Money
Over the past five years or so, high-growth stocks in areas such as software-as-a-service and e-commerce have dominated the market, leaving more cyclical and cheaper value stocks in the dust.
However, the script has flipped in 2021. As vaccines are distributed and stimulus payments make their way into bank accounts, a potential strong economic recovery has investors more bullish on the economy than they've been in more than a decade. That dynamic favors cyclical and value stocks, which are booming.
Given the absolutely massive valuation gap that existed between value stocks and growth stocks heading into this period, the recent move in value stocks may only be the beginning of multiyear outperformance. That's why Seagate Technology (NASDAQ: STX), Super Micro Computer (NASDAQ: SMCI), and Discovery Inc. (NASDAQ: DISCA) (NASDAQ: DISCK) could each double from current levels, despite big gains year-to-date.
Source Fool.com
