WSM - Buy This Dirt-Cheap Dividend Growth Machine and Thank Yourself Later
Market volatility is a double-edged sword. On one hand, the stock market downturns that it causes can lead investors to lose sleep at night and make rash decisions.
But on the other hand, sudden and sharp declines can be used to pick up shares of quality stocks on the cheap. This is how investors can harness bear markets to their advantage and build significant wealth over the long term.
With the S&P 500 index down 18% so far in 2022, plenty of stocks have been perhaps oversold this year. The digital-first home retailer Williams-Sonoma (NYSE: WSM) has plunged 34% year to date. Here's why this looks like a huge buying opportunity for dividend growth investors.
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Buy This Dirt-Cheap Dividend Growth Machine and Thank Yourself Later