There are plenty of cheap companies around, but how do you find the great ones? 2 methods.
The S&P 500 has rallied 18.5%, while the more growth-oriented Nasdaq Composite index has soared 36%. Parkev Tatevosian: Surprisingly, PayPal (NASDAQ: PYPL) stock is down about 80% from its high in recent years. Sure, the company is facing challenges in the near term that warrant some concern, but I feel like a sell-off of this magnitude is a buying opportunity for long-term investors.
If you invest in great companies and be patient, your portfolio can swell mightily. Consider these three contenders.