Investors can load up on undervalued blue-chip stocks that have plenty of momentum behind them. These types of stocks can comfortably outperform the stock market during bullish economic cycles, but there’s a problem with this strategy.
Many of the same stocks that record impressive gains during the good times end up with significant losses during the bad times. While these stocks can recover as we saw after the 2022 meltdown, some investors prefer to accumulate undervalued blue-chip stocks trading at bargain prices. If you’re looking for good deals, these discounted stocks are good places to start.
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