3 Stocks Peter Lynch Would Love
Peter Lynch made a name for himself as the manager of the Magellan Fund, which absolutely walloped the performance of the S&P 500 with an average annual return of 29.2% over a 14-year period. For those of you keeping score at home, that would have turned a single $10,000 investment into over $361,000 in that span. How'd he do it? By buying great businesses at great prices and not worrying about timing the market.
As fears of a global recession mount, investors might take solace in one of Lynch's quotes: "Far more money has been lost by investors preparing for corrections or trying to anticipate corrections than has been lost in the corrections themselves."
With that long-term mindset, we asked three contributors at The Motley Fool for a stock that Peter Lynch might love. Here's why they chose WestRock (NYSE: WRK), NV5 Global (NASDAQ: NVEE), and Brookfield Infrastructure Partners (NYSE: BIP).
Source Fool.com
