Undervalued Stocks to Consider for Long-term Investment
Top 2 Undervalued Stocks with Great Long-term Potential for Wealth Creation
The market doesn't always get things right. It certainly seems wrong when it comes to these stocks' prospects. Becoming richer by investing in stocks usually doesn't happen overnight. It takes years -- sometimes decades -- of patience and holding on to shares of companies that aren't always performing as well as you'd like. That's an important part of the process. Investors shouldn't give up on stocks that aren't keeping pace with the market for a year or two, provided these stocks have solid prospects.
1. CVS Health
CVS Health dealt with several issues last year, including disappointing financial results and losing some business from a health insurer. The company's revised guidance downward has affected market sentiment, but its long-term outlook remains strong. CVS has a diversified healthcare business with growth opportunities, making it a compelling investment option.
2. Fiverr
The freelancing platform Fiverr faces challenges in revenue growth, but its cost-cutting measures have improved profitability. With the gig economy on the rise, Fiverr stands to benefit from the increasing demand for freelancing services. Despite recent setbacks, Fiverr's long-term potential in a growing market makes it an attractive investment choice.