Dividends4Life: 3 Stocks We're Ready to Buy Again

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3 Stocks We're Ready to Buy Again

Posted by D4L | Saturday, May 14, 2016 | 0 comments »

Stocks have been on a wild ride so far this year, because of the confluence of falling oil prices and the ongoing U.S. presidential election. Our Foolish contributors, though, think that this volatility has created some compelling buying opportunities for patient investors. Read on to find out which three stocks they're buying again, and why they're doing so.

This will probably be a tough year for Potash Corporation of Saskatchewan (NYSE:POT), as demand for fertilizers continues to exceed supply, but much of the pessimism appears to be baked into the stock price. I'm currently buying shares of Allergan (NYSE:AGN), again. Allergan's stock absolutely crumbled after its planned merger with Pfizer went south earlier this month. And while such a dramatic downturn may normally be cause for concern, I think it represents an amazing opportunity. When I bought my first shares of Whole Foods Market (NASDAQ:WFM) almost exactly three years ago, I wrote at the time that I intended to hold the stock in my personal portfolio for at least a decade.

Source: Motley Fool

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