2 Bargain Stocks You Can Buy Today
I don't know about you, but when I go shopping at the mall, I always look forward to quality merchandise being offered at a good discount.
The same principle should also apply when searching for great companies to purchase in the stock market. Though markets have been swooning in the past three weeks due to the COVID-19 virus outbreak, with the Dow Jones Industrial Average (DJINDICES: ^DJI) experiencing its worst point decline in history, investors should remain disciplined and not engage in indiscriminate purchases.
Even though many stocks may seem like bargains today, it's important to sift out the wheat from the chaff. During periods of severe market dislocations such as the ones we have witnessed in the past fortnight, it's easy for investors to fall into the trap of "buying anything cheap". While that may seem like a wise strategy, you'll probably end up with a bunch of mediocre companies in your portfolio. Quality matters, especially during an economic downturn.
Source Fool.com
