InvestorPlace – Stock Market News, Stock Advice & Trading Tips
As I type this, equity investors can relate to the statement “nowhere to run, nowhere to hide.” The tech-heavy NASDAQ index is down over 4% in the five days ending Oct. 26. The S&P 500 is down over 3.4%. And even the blue-chip Dow stocks are down 1.89%. Nevertheless, if you’re looking to be a contrarian investor, it’s a good time to look for undervalued long-term stocks.
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