Like Discounts? These Game-Changing Stocks Are 40% (or More) Below Their 52-Week Highs

History says that if you buy high-quality businesses and hang onto them for long periods of time, you'll have a very good chance of making money. After all, the S&P 500 hasn't had a rolling 20-year period between 1919 and 2020 where an investor would have lost money, inclusive of dividends paid.

However, it's psychologically tougher to convince ourselves to put money to work in the market when it's regularly hitting new all-time highs. We want to feel like we're getting a good price when we buy equities, but that can be tough to accomplish when the benchmark S&P 500 is breaking records on a near-weekly basis.

But I have good news: Discounts on great stocks are available, if you're willing to do a bit of digging.

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Source Fool.com