3 Stocks Retirees Should Buy on a Market Pullback
Legendary investor Warren Buffett likes to buy great businesses at fair prices. Sometimes, that means keeping an eye on a fantastic company until its shares are available at a reasonable price.
We asked a panel of our top investors to share some tickers that retirees might want to keep on their watchlists for a pricing pullback. These are great stocks for any retirement portfolio, just not at today's overheated prices.
Read on to see why they recommended holding your horses until fast-food legend McDonald's (NYSE: MCD), Canadian energy pipeline titan TransCanada (NYSE: TRP), and healthcare-oriented real estate investor HCP (NYSE: HCP) take a break from their recent gains.
Source: Fool.com
McDonalds Corp. Stock
The stock is one of the favorites of our community with 57 Buy predictions and 1 Sell predictions.
As a result the target price of 292 € shows a positive potential of 26.0% compared to the current price of 231.75 € for McDonalds Corp..