Buy This Discounted Dividend King While You Can
Buy stocks of quality businesses when they go on sale. If you could sum up successful long-term investment strategies in one sentence, that might do it. The tricky part is identifying stocks that check all of these boxes. Poor-quality stocks are often cheap, and exceptional stocks are often expensive.
However, Lowe's Companies (NYSE: LOW) might get it just right. America's second-largest home improvement retailer has thrived for decades despite intense competition and the rise of e-commerce.
In a bear market where share prices are plummeting all over the map, here is why Lowe's stands out in the crowd.
Source Fool.com