Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

5 Great Stocks I Want to Own a Whole Lot More Of


There's absolutely no question that 2020 is going to be a year that investors never forget. In a matter of weeks in late February and early March, the U.S. stock market went from humming along at all-time highs to the fastest decline into bear market territory in history (just 17 trading sessions) in the wake of the coronavirus disease 2019 (COVID-19) pandemic. Ultimately, the widely followed S&P 500 shed 34% of its value in a span of just 33 calendar days.

While panic-selling can certainly be unnerving if you're a short-term trader, it's always been an opportunity to buy into great companies at a discount if you're a long-term investor. Throughout the 33-calendar-day decline in the broader market in February and March, I took the opportunity to add quite a few new companies to my investment portfolio.

The problem is, I wasn't able to buy anywhere near a large enough stake in five great stocks that I believe have long-term game-changing potential. Now with cash at the ready, I plan to focus on adding to the following five stocks when the next correction strikes.

Continue reading


Source Fool.com

Like: 0
Share

Comments