“It is far better to buy a wonderful company at a fair price than a fair company at a wonderful price.” – Warren Buffett. The strategy is quite simple – find stocks that are trading below their inherent worth.”
That strategy has helped Buffett turn his company into one of the most successful investment firms in the world. So why don’t more people adopt that strategy?
Nasdaq recently published an article echoing this approach and suggesting that value investing and strong fundamentals are the way forward.
“An investment decision based on the intrinsic value of stocks seems feasible in the given economic scenario that witnessed a rise in benchmark interest rate, improvement in the manufacturing sector and steady job additions. However, it also saw oil prices lose ground, encountered political gridlock and faced other geopolitical qualms. Not to forget, deadly hurricanes one after another and flaring tensions with North Korea are also escalating concerns and could hurt investor sentiment.”
In their article they recommend four strong stock picks in the retail sector built on this philosophy. Each has posted strong growth of at least %15 and looks like a promising pick for the future.
To find out what those companies are, go to nasdaq.com.
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