WSM - 2 Bargain Stocks You Can Buy Today and Hold Forever
2023-04-14 05:12:00 ET
The stock market has taken investors on a wild ride over the last few years, but opportunity in the markets favors those with an optimistic outlook about the future. Investors that stick with growing companies that are selling at cheap valuations will often be rewarded over the long run.
Today we'll check out two bargain candidates, Williams-Sonoma (NYSE: WSM) and PayPal Holdings (NASDAQ: PYPL) . These companies are still reporting profitable growth in this turbulent economy, and their low price-to-earnings ratios suggest the market is significantly undervaluing their futures.
Wall Street is asleep at the wheel on this one. The home retailer wrapped up a strong year, with comparable brand revenue increasing 6.5% for fiscal 2022 ending in January. Core brands, including Pottery Barn, West Elm, and Williams-Sonoma, were all responsible for these gains. Balanced growth across these brands in a bumpy economy indicates management has the right strategy in place to drive solid performance over the long term.
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2 Bargain Stocks You Can Buy Today and Hold Forever