Got $5,000? Buy and Hold These 3 Value Stocks for Years
There's no denying growth stocks have been leading the charge for the past few years. If you sense it's time for a change, however, you're not crazy. Between higher interest rates, slowing economic growth, and richly priced growth names, the market may soon start rewarding its less-exciting tickers.
To this end, here's a rundown of three value stocks to consider stepping into now and sitting on for several years. Not only are they all more than reasonably priced, but their services and products are sure to be in demand well into the future.
Energy stocks are always tricky to trade. They tend to move in tandem with the ebb and flow of crude oil prices, which is unpredictable in and of itself. Making them even trickier to navigate right now is the growing adoption of alternative energy sources like solar power, as well as the advent of all-electric cars. Oil increasingly seems to be on its way out.
Source Fool.com
