2 Healthcare Stocks That Could Double Your Money
When investors consider buying a company, they have different goals in mind. Warren Buffett used to look for beaten-down companies that weren't necessarily great businesses, but were worth more than what they were trading for. He called this "cigar-butt investing," equating the small rise in the shares of a beaten-down stock to the last puff of a nearly smoked cigar.
Other investors spend less time calculating valuation and more time imaging how bright the future could be. Usually, these investors focus on young companies that are growing rapidly and hoping to take over an industry or invent a new one. And there are, of course, other methods. One approach that can double your money -- or more -- is to buy shares in companies experiencing temporary setbacks, ones that impatient investors aren't willing to wait out. Here are two such healthcare stocks that could double your money.
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Source Fool.com
