Published on 28 May 2024 on InvestorPlace via Yahoo Finance
7 Undervalued Stocks That Could Triple Your Money by 2026
Buying the dips and acquiring shares of a proven company on short-term declines has been a successful strategy over the long-term. When investors look back five or 10 years from now, the opportunities which presented themselves during the Great Recession, the COVID trough, or even the recent downturn in 2022 were worth buying. Of course, it may not have felt that way at the time. But that’s why buying undervalued stocks with solid future prospects is important to do in good times and bad.
I think these undervalued stocks could surge back just like the Magnificent 7 did after their respective downturns. By investing in these companies, you could potentially triple your money by 2026.