Been Waiting for a Pullback? Consider These Names
After the downturn on Thursday and Friday, these stocks are looking more attractively priced.
After this week's wild ride in the market, the first thing on many investors' mind was how to put any cash they've been saving for a pullback to work
In fact, some may even relish the chance. The market has looked fairly valued for quite a while, making it progressively harder to find cheap stocks. After this sell-off a few more opportunities have emerged that investors may wish to consider, or at least keep on their radar screen in the event on another sharp decline. Valuations are still nowhere near the levels we saw in March 2009, but they are much more attractive now then they were just a few weeks ago when the market as a whole was close to 10% overvalued.
Jeremy Glaser does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.