Roundtable: 1 Stock I Can't Wait to Buy on a Pullback

We don't often find ourselves hoping for stocks that we like -- or own -- to fall. But all of us have a price that's too high to pay, and three of our Foolish investors have identified stocks that they wouldn't mind taking a tumble, so that they can finally buy shares.

Of course, this is a double-edged sword: if the fall is caused by something that breaks the fundamental thesis behind owning shares, then all is lost. But our contributors have all identified scenarios in which the price could fall and they'd still want to buy shares of MercadoLibre (NASDAQ: MELI), Align Technology (NASDAQ: ALGN), or Diageo (NYSE: DEO).

We're praying for shares to fall -- but we don't want them to fall because the company is busted. Image source: Getty Images.

Continue reading


Source: Fool.com