Don't Wait for a Market Crash: These 2 Top Stocks Are on Sale
They've been great long-term performers, but shares of discount retailer Five Below (NASDAQ: FIVE) and autonomous vacuum company iRobot (NASDAQ: IRBT) are both underperforming the market averages so far in 2021. As of this writing, Five Below stock is up 9% for the year but down 20% from this year's high. For its part, iRobot stock is only up 1% for the year and down a painful 50% from highs reached in January.
I think these are blips for both Five Below and iRobot. Looking five years or more into the future, I believe both stocks will generate better returns than the market averages. This means investors don't need to wait for better prices. These are good stocks to buy now. Here's why.
Image source: Five Below.
Source Fool.com