Great companies can fall on hard times -- or their stocks can fall due to the fear of hard times. Yet well-managed companies with winning business models tend to do well in the long run. So when an industry leader experiences a big sell-off due to near-term concerns, it could be an opportunity for the long-term investor.
In recent weeks, three industry leaders -- Netflix (NASDAQ: NFLX), Interactive Brokers (NYSEMKT: IBKR), and Ulta Beauty (NASDAQ: ULTA) -- have all seen their stocks take big price hits. However, as you can also see, these industry leaders have absolutely trounced the overall market over the longer run.
Source Fool.com