3 Stocks I’m… Buying? (August 2024)
Value stocks are back in style and many “coiled spring” investments have finally sprung into the green. While this is great, I am concerned about the current rally’s longevity.
September and October are historically bad months for the market. And stocks generally correct during this time.
Coupled September and October’s poor market performance with the upcoming U.S. election, and I think stocks could dip to more favorable prices in the near future. If this happens, there are many stocks I’d love to buy the dip on. Names like Broadridge Financial, Visa, or even Camden Property Trust.
However, as Peter Lynch once said, “Far more money has been lost by investors trying to anticipate corrections, than lost in the corrections themselves.”
And while many stocks have popped recently, I’m happy to set some limit orders on high-quality companies that are still on the cusp of value.
So, here are three stocks, I’m setting limit orders on. As well as my buy prices. Plus, as a bonus, I’ve included an unpopular high-yielder that I’m adding to…
