These 3 Stocks Are a Great Long-Term Value Despite Short-Term Supply Chain Challenges
Although the stock market is hovering around an all-time high, supply chain challenges, inflation, and a labor shortage continue to affect many companies. While some businesses have found a way to navigate these issues with ease, others are facing a flurry of short-term headwinds.
Investors may remember that the height of the COVID-19 pandemic sliced through the fundamentals of some of America's strongest companies, bringing many of them to their knees -- think companies like Starbucks, among many others. Just as those companies were great buys then, so too is the supply chain crisis paving the way for some excellent buys right now.
Some of our contributors identified 3M (NYSE: MMM), General Electric (NYSE: GE), and Taiwan Semiconductor Manufacturing (NYSE: TSM) as three companies whose long-term potential more than offsets their short-term challenges. Here's what makes each value stock a great buy now.
Source Fool.com