How To Find Bargain Stocks In The Current Market
Buy broken stocks, not broken companies. This is one of many quotes that Buffett has put into the world over his 90 year life. And this applies now more than ever! Why? Because in the short term, the stock market is a popularity contest. At the moment, everyone is hyped about Apple, Tesla and in Australia it’s all about the Buy Now Pay Later Stocks People are opting for the less sexy stocks and going after the shiny “hot stocks.” But it’s these less sexy stocks, that the professional investors love. Case in point is Starbucks. In 1999, if you had purchased $1,000 worth of Starbucks shares, they’d be valued at $29,396 in 2019. Averaging an enormous marketing beating 17.47% return each year. Ignoring tech stocks for the 20 years and investing in a coffee company doesn’t sound sexy, until you see the returns on offer. In this episode, we talk through the parameters for finding bargain stocks as well as talking through a few companies we think will fit this criteria….. --- Send in a voice message: https://podcasters.spotify.com/pod/show/cheeky-investor/message