Got $5,000? Buy and Hold These 3 Value Stocks for Years
As Warren Buffett once said, "You pay a very high price for a cheery consensus.... Uncertainty is actually the friend of the buyer of long-term values." With the Fed's interest rate hikes and the recent regional bank issues making investors more fearful that a recession may be coming, the following three stocks appear to have been thrown out with the bathwater. Amid the recent banking crisis, fintech LendingClub (NYSE: LC) has sold off to just 0.65 times its book value.