3 Struggling Stocks That Could Be Bargain Buys Right Now
Many stocks are struggling this year due to fears that tariffs and trade wars could weigh on the economy, potentially resulting in a recession. Numerous companies have already been raising concerns about rising costs, which has investors worried that a broad market sell-off may be inevitable.But if you're investing for the long term, then buying stocks that are falling in value right now can be a great move. By investing in quality businesses at reduced valuations, you can put yourself in a position to generate strong returns in the future.Three stocks that are in negative territory this year but that still look good in the long run are Target (NYSE: TGT), e.l.f. Beauty (NYSE: ELF), and Best Buy (NYSE: BBY). Let's take a closer look at these businesses to see why they may be worth buying today.Continue reading
Many stocks are struggling this year due to fears that tariffs and trade wars could weigh on the economy, potentially resulting in a recession. Numerous companies have already been raising concerns about rising costs, which has investors worried that a broad market sell-off may be inevitable.
But if you're investing for the long term, then buying stocks that are falling in value right now can be a great move. By investing in quality businesses at reduced valuations, you can put yourself in a position to generate strong returns in the future.
Three stocks that are in negative territory this year but that still look good in the long run are Target (NYSE: TGT), e.l.f. Beauty (NYSE: ELF), and Best Buy (NYSE: BBY). Let's take a closer look at these businesses to see why they may be worth buying today.
