Advertisement

Got $1,000? Here Are 2 Stocks to Buy for the Long Term

Got $1,000? Here Are 2 Stocks to Buy for the Long Term

While the 30 blue chips that make up the Dow Jones Industrial Average (DJINDICES: ^DJI) have declined 13% year-to-date, the tech-heavy Nasdaq Composite has fallen nearly 28% at the time of this writing. After all, buying great companies when their stock prices are trading below their intrinsic values is how the best investors became famous. Shares of Airbnb (NASDAQ: ABNB), the online lodging marketplace, have tanked 31% year-to-date and currently sit close to new lows.