3 Value Stocks Senior Citizens Should Consider Buying Today
No matter your age, investing in the stock market is one of the best ways to predictably generate wealth over the long term. But stocks can also be volatile, and both minimizing risk and protecting your principal become even more important in your golden years. And one of the best ways to do that is by purchasing so-called value stocks -- that is, companies whose share prices reflect a discount to what the business is actually worth.
To that end, we asked three top Motley Fool investors to each pick a value stock that they believe senior citizens should consider buying today. Read on to learn why they chose Starbucks (NASDAQ: SBUX), Michaels Companies (NASDAQ: MIK), and Target (NYSE: TGT).
Image source: Getty Images.
Source: Fool.com
Starbucks Corp. Stock
€69.47
2.130%
The stock is an absolute favorite of our community with 23 Buy predictions and no Sell predictions.
As a result the target price of 98 € shows a positive potential of 41.07% compared to the current price of 69.47 € for Starbucks Corp..
