3 Cheap Stocks Investors Should Be Buying Hand Over Fist
In today's bear market, there are plenty of cheap stocks, but some of them deserve to be. However, a handful have been dragged down by general sentiment, and these stocks are the ones investors should be keying in on to buy.
Three I believe are cheap but still valuable right now are Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), MercadoLibre (NASDAQ: MELI), and Upstart (NASDAQ: UPST). While they may see some short-term headwinds, I believe the business model for each will do well over the long run. Here's why.
While Alphabet may be little known to noninvestors, the companies it owns are not. Under its umbrella are Google, YouTube, and the Android operating system. Although this may seem like a diversified company, 80% of its revenue is derived from advertising sources.
Source Fool.com
