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Got $5,000? Buy and Hold These 3 Value Stocks for Years.

TheMotleyFool

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Got $5,000? Buy and Hold These 3 Value Stocks for Years.: https://g.foolcdn.com/editorial/images/763115/investor-researches-computer-desk.jpg

What many investors believe are value stocks sometimes turn out to be value traps. And avoiding traps is one of the keys to good long-term investing success.

People will argue about what these terms mean. But for me, a value stock is one that trades at a good discount to what the business will be worth in the not-so-distant future. A value trap, on the other hand, is one that looks cheap on the surface, but whose business is becoming less valuable with time.

Here's why I believe Academy Sports and Outdoors (NASDAQ: ASO), Boot Barn (NYSE: BOOT), and Tripadvisor (NASDAQ: TRIP) are all in the value stock category.

Source Fool.com

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