While you might not be up for a multibillion takeover like Warren Buffett’s latest coup, you can buy individual shares in these great companies now trading for a low valuation.
It’s a regular nightmare on Wall Street right now. Sure the major indexes are holding up okay, but dig beneath the surface and all is clearly not well.
Nearly every day, another stock gets crushed. This isn’t your ordinary bloodbath, either. The selling is harsh, indiscriminate and highly fear-based. Some stocks have plunged over 50% in just a few months.
Even heavily owned and traded technology bellwether, Apple (NASDAQ: AAPL), recently hit correction territory due to being down more than 10%.
Over the weekend, we learned that Warren Buffett is close to a deal to buy the giant industrial company, Precision Castparts (NYSE: PCP). The $37.2 billion deal will be Buffett’s biggest ever. Precision Castparts shares are down hard. Buffett and his team know when to strike a deal, and now is that time.
This bloody landscape has some stocks for you to buy, as well. Here are three to consider while the streets are still crimson.