We don’t mind buying deeply cyclical stocks like Micron. We just mind buying them near a cyclical peak.
Actually, for accounts with long-term horizons like the UTMA account we manage for our son, deep cyclicality only creates opportunities.
Buying cyclical stock like MU at a secularly low valuation like now creates the potential for 20%+ annualized total return in the next 5 to 10 years.
US Stocks Opportunities
Here are a theme that collects the best quality or your most bullish US stocks, Share your thoughts here!
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