2 Tech Stocks for Contrarian Investors
Almost every investor has heard the adage "buy low, sell high." The Oracle of Omaha, Warren Buffett, famously said: "Be fearful when others are greedy and greedy when others are fearful." In other words, investors need to enter the market when it slumps and exit at its highs.
Contrarian investors follow a similar approach: They look at stocks that have lost considerable value, but have significant upside potential to generate wealth. Below are two such tech stocks that might be contrarian buys at their current prices.
BlackBerry (NYSE: BB) exited the smartphone market in 2016. The company licensed its design and manufacturing to TCL, and pivoted to security software and services.
Source Fool.com
