My 2 Favorite Stocks That Investors Will Be Piling Into Next Year

09.11.24 09:42 Uhr

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Investing isn't about living in the past, but buying companies that will do well in the future. You want to buy stocks that can grow sales and earnings while also trading at a reasonable valuation. A tough task, especially when the broad S&P 500 index is trading at a price-to-earnings ratio (P/E) close to all-time highs.In bull markets, smart investors stray away from the red-hot and popular stocks trading at nosebleed earnings multiples. Instead, they target stocks that are flying under the radar.Two of my favorite under-the-radar stocks I think investors will be piling into next year are Coupang (NYSE: CPNG) and Ally Financial (NYSE: ALLY). Here's why I think the companies are fantastic buy-and-hold investments for the next decade.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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