NNI - Got $5000? Buy and Hold These 3 Value Stocks for Years
2023-09-30 06:11:00 ET
Value investing is trying to find investments that are priced below their true worth. In other words, value investors are laying out cash today under the assumption that they will receive more cash in the future. And this strategy can apply to all sums of money, whether it's a big fund managing billions of dollars or even an individual starting with $5,000.
Anybody can hunt for overlooked stocks that should be worth more in the future. So let's take a look at three stocks that fit that criteria.
Nelnet (NYSE: NNI) is a $3.4 billion holding company based in Lincoln, Nebraska that doesn't attract a whole lot of attention, and that's just the way its management team likes it. The company doesn't host quarterly conference calls or attend big investment conferences, it simply focuses on allocating capital the best way it knows how, and so far it's done a pretty good job of that.
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Got $5,000? Buy and Hold These 3 Value Stocks for Years