3 High-Quality Stocks for Contrarians
These narrow- and wide-moat names have suffered losses during the past year and look cheap to us.
Last month, we talked about contrarians--those nerves-of-steel investors who buy when there's blood in the streets.
We also talked about why we think it's important that investors buy bloodied stocks only when there's a margin of safety--in other words, buy downtrodden names when they're cheap. Because one never knows if these stocks have further to fall.
Susan Dziubinski does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.