Got $5,000? These 3 Stocks Are Deep-Value Buys Right Now
A $5,000 investment may not seem a significant amount to some, but it can generate tremendous returns in the long run. If you were to invest in the S 500, which averages an annual return of around 10% over the long term, that $5,000 could be worth more than $54,000 after 25 years.
One way you can set yourself up for larger returns is by investing in quality businesses that have been struggling, and whose valuations look attractive. Three stocks that may be great options to invest $5,000 into right now are Medtronic (NYSE: MDT), United Parcel Service (NYSE: UPS), and Southwest Airlines (NYSE: LUV). Their valuations are currently low, and these businesses should all do better in the years ahead.
Medical device maker Medtronic is a big name in healthcare, with customers all over the globe. Its devices help people with over 70 health conditions.
Source Fool.com
Medtronic plc Stock
With 10 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
As a result the target price of 94 € shows a positive potential of 23.86% compared to the current price of 75.89 € for Medtronic plc.
