2023-10-12 06:15:00 ET
Sometimes, stocks can fall so far out of favor that the market overlooks the obvious opportunity to profit from them . This is part of the natural market cycle, and for long-term investors, these situations present opportunities to buy great businesses at bargain-basement prices.
Right now, three stocks that I think are very cheap are Disney (NYSE: DIS) , MGM Resorts (NYSE: MGM) , and NextEra Energy (NYSE: NEE) . All have real potential to grow long-term. Here's why these three bargain-basement stocks are buy-and-hold candidates.
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3 Bargain-Basement Stocks to Buy Now and Hold Forever