Wall Street Is Snoozing -- Buy This Value Stock Today
The investing industry has a tendency to try and make stock-picking seem complicated. But in some ways, it's actually a fairly simple matter. We're all just trying to get the most bang for our buck, balancing our desire for profits with our appetite for risk. The rest is just details.
It's a reality that's been forgotten in the midst of all the jockeying to make the most of this economic recovery. For the better part of the past year and a half, traders have instead fallen in (and out of) love with meme stocks, poured money into all sorts of SPACs, and embraced digital payment tech players with little consideration for these companies' actual values. They just haven't had much attention -- or capital -- left to dedicate to more proven, better-valued organizations.
Big mistake.
Source Fool.com