6 Undervalued Stocks You Should Buy For the Long Term
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Newstrail
Newstrail
These 6 undervalued stocks have strong dividend and buyback programs with reasonable P/E multiples These six undervalued stocks should be able to weather a major inflation and recession cycle. This is because their dividends and buyback programs are likely to survive. This gives these stocks very defensive characteristics. For one, short-sellers are not really attracted to companies that have solid dividends. They have to pony up the dividends to investors if they take short positions in these stocks. Second, large buyback programs tend to stabilize demand for a stock when investor trading vol…