Market Sell-Off: 2 Dirt Cheap Stocks That Just Got Even Cheaper
The S&P 500 (SNPINDEX: ^GSPC) recently reached correction territory as the benchmark index fell by 10% from its recent highs. Not all stocks look "cheap" now, even after this recent decline, but it has created some excellent buying opportunities.Two stocks that have jumped back up to the top of my watch list are Capital One Financial (NYSE: COF) and SiriusXM Holdings (NASDAQ: SIRI). Both already looked cheap before the stock market correction and look even more attractive now. I own both in my portfolio, but here's why I'm planning to add to my position soon.Capital One was one of the better-performing bank stocks of 2024 but has since retreated quite a bit. In the past month, the company's stock fell by about 18%, and now could be a second chance for investors to buy shares.Continue reading
The S&P 500 (SNPINDEX: ^GSPC) recently reached correction territory as the benchmark index fell by 10% from its recent highs. Not all stocks look "cheap" now, even after this recent decline, but it has created some excellent buying opportunities.
Two stocks that have jumped back up to the top of my watch list are Capital One Financial (NYSE: COF) and SiriusXM Holdings (NASDAQ: SIRI). Both already looked cheap before the stock market correction and look even more attractive now. I own both in my portfolio, but here's why I'm planning to add to my position soon.
Capital One was one of the better-performing bank stocks of 2024 but has since retreated quite a bit. In the past month, the company's stock fell by about 18%, and now could be a second chance for investors to buy shares.
