2 Bargain Stocks You Can Buy Today and Hold Forever
The broad sell-off that has led to the current bear market has left very few companies unscathed. Even some of the biggest growth companies in the world are now looking more like value plays due to the crash in their stock price. Amazon (NASDAQ: AMZN) and Walt Disney (NYSE: DIS) are two companies that fit into this category.
It may seem odd to think of these two companies as being a bargain, but a closer look at the current valuation and future business prospects leads me to that conclusion. Let's dive in to see what puts these two companies in the bargain bucket for me.
E-commerce is likely the first thing that pops into investors' heads when they hear the word Amazon. This is for good reason as the company is still the No. 1 choice for many of us when we need to purchase something online. However, ever-increasing competition and the capital outlay necessary to hold that top position in the online retail space has introduced some risk to the e-commerce business and contributed to the stock's sell-off.
Source Fool.com
