10 Stocks to Buy When They're Down
When you buy shares of stock, you become a partner in a business. Perhaps I'm stating the obvious, but I doubt all investors see their purchases that way. Many see stocks as horses to bet on or as scorecards that tell them how their 401(k) is doing. Because stocks represent pieces of companies, the first consideration is whether that company is worthy of your partnership.
As I told readers two years ago, I keep a wish list of about a dozen companies. I want to become a partner, but I am waiting for the market to offer me a better price – an event that may never come. Some of these shares have been on my list for decades, and in my reluctance, I have missed spectacular successes.
- SEE MORE The 15 Best Stocks to Buy
