Dividends4Life: 5 Great Stocks on Sale

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5 Great Stocks on Sale

Posted by D4L | Tuesday, February 09, 2016 | | 0 comments »

The stock market is off to a rough start for the year, and many great businesses have seen their stock prices fall for no good reason. That could make right now a great time to go shopping for strong companies that are suddenly trading in the discount bin. We asked our team of Motley Fool contributors to share the name of a great company that they think is on sale right now. Read on to see which stocks they highlighted.

One company that has looked pretty intriguing for a while is HollyFrontier (NYSE:HFC). Oil refining has never been a sexy industry, and profits do tend to fluctuate as the price between crude oil and refined products changes. Kinder Morgan (NYSE:KMI) really took it on the chin last year, ending the year down 65.1%. Last year was another awful one for energy commodity prices, and nearly every stock in the energy sector got crushed. That makes right now an ideal time to go bargain hunting in the sector for the strongest names, and one company I like a lot in the space is Spectra Energy (NYSE:SE). Shares of networking giant Cisco Systems (NASDAQ:CSCO) were essentially flat in 2015, despite solid performance from the company. I think now is the perfect time for investors to loosen their belt buckles and enjoy a heaping serving of Buffalo Wild Wings (NASDAQ:BWLD) stock.

Source: Motley Fool

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