Adding $500 to These 2 Stocks Would Be a Genius Move Right Now
Market sell-offs are often a great time to add to existing positions. You already know the stock well and can now buy even more shares of a high-conviction investment at a better value.
Blackstone (NYSE: BX) and Prologis (NYSE: PLD) have taken big hits during the current bear market, though they're doing well. Because of that, a smart move right now would be to add about $500 to your investment if you already own shares (or consider adding them to your portfolio). That small investment could pay big dividends in the future as these companies continue growing their earnings, and their stock prices recover.
Shares of Blackstone have fallen around 40% since the start of 2022. That's despite a fantastic year by the leading global alternative asset manager.
Source Fool.com