2 Beaten-Down Stocks to Buy and Hold
Equity markets have been volatile throughout the year. We may or may not be out of the woods, but focusing on the short-term performance of stocks is not the best strategy. Regardless of what happens over the next six months, it's still worth it to invest in companies that look likely to perform well in the long run.
It's even better if these stocks can be bought on the dip because they have faced challenges from which they are likely to recover. Here are two great examples to consider: (NASDAQ: MRNA) and Regeneron Pharmaceticals (NASDAQ: REGN).
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Source Fool.com
Regeneron Pharmaceuticals Inc. Stock
The stock is one of the favorites of our community with 52 Buy predictions and 2 Sell predictions.
With a target price of 1031 € there is potential for a 112.97% increase which would mean more than doubling the current price of 484.1 € for Regeneron Pharmaceuticals Inc..