Beaten Down Market Leaders to consider as a Long Term Hold
Added 2024-08-12 11:32:47 +0000 UTCIf you did nothing else for the next 3-5 years and just bought these companies in their Buy Zones, I would expect you to beat the market.
The issue with companies that have been beaten up is that nobody wants to go near them
These are market leaders, with some being around for decades, you need to make a decision, are they worth buying now and can you hold for years to see their true return.
Plenty of options here
$SBUX
Price: $75
Buy Zone: Under $68
$NKE
Price: $74
Buy Zone: Between $70 - $82
$DIS
Price: $86
Buy Zone: Between $84 - $78
$INTC:
Price: $19
Buy Zone: Between $18 - 24
$PYPL
Price: $64
Buy Zone: Between $57 - $50
$PFE
Price: $28
Buy Zone: Under 200 Day MA at $28
$ABNB
Price: $115
Buy Zone: Under $115
$MCD
Price: $268
Buy Zone: Under $244
Comments
this was very helpful. thank you.
swan786
2024-08-12 21:03:17 +0000 UTC
