2 Stocks I Just Bought More Of
The first half of 2021 was a strong one for the overall stock market, with the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite benchmark indices producing total returns of 14.1%, 16.5%, and 14.2%, respectively. However, the rally hasn't exactly been universal – for the most part, value stocks have outperformed and high-growth stocks have lagged the market.
With that in mind, it's a smart idea for long-term investors to look for bargains in their favorite companies when a certain part of the market takes a hit, so that's what I've been doing recently. Two stocks in particular that I've been adding shares to my positions recently include MercadoLibre (NASDAQ: MELI) and Boston Omaha Corporation (NASDAQ: BOMN). Here's why I'm confident enough to double down on them, even though both have underperformed the market so far in 2021.
Image source: Getty Images.
Source Fool.com
