2 Stocks Down 59% and 34% to Buy and Hold
Warren Buffett, arguably the greatest investor of all time, once said it is wise for investors to be fearful when others are greedy. One way to apply this advice from the Oracle of Omaha is to look at a soaring stock market and identify companies that aren't performing nearly as well -- or are just performing poorly -- but still have attractive prospects.Two such candidates to consider right now are Etsy (NASDAQ: ETSY) and Exact Sciences (NASDAQ: EXAS), which are down 59% and 34%, respectively, over the past three years. Here's what investors should know about these beaten-down companies.Continue reading
Warren Buffett, arguably the greatest investor of all time, once said it is wise for investors to be fearful when others are greedy. One way to apply this advice from the Oracle of Omaha is to look at a soaring stock market and identify companies that aren't performing nearly as well -- or are just performing poorly -- but still have attractive prospects.
Two such candidates to consider right now are Etsy (NASDAQ: ETSY) and Exact Sciences (NASDAQ: EXAS), which are down 59% and 34%, respectively, over the past three years. Here's what investors should know about these beaten-down companies.
