2 of the Cheapest Stocks I Own
I own a lot of stocks that other investors believe are expensive. But given enough time, companies can grow their businesses enough to justify their high price tags. And I fully intend to give these high-growth companies in my portfolio plenty of time to reach their potential. I have around 30 years before reaching retirement age, so I'm patiently holding for the long term.
But I don't only invest in expensive stocks. I own cheap stocks too if I believe those companies can generate a good return on my investment. Two of the cheapest stocks I own are Lowe's (NYSE: LOW) and Kellogg (NYSE: K).
Here's why I own these two specific stocks and why I'm optimistic they can deliver positive returns over the long haul.
Source Fool.com
