I made one of these posts in Q418 and March 2020 and I think it’s time I made another one. When it comes to my long-term portfolio I am a value investor and I believe another great buying opportunity is upon us. I can tell you 80% of the gains I’ve made in the last 5 years were from buying during the two aforementioned market corrections. I encourage all the newer investors that have entered the market these last two years to look at this market correction as a great buying opportunity as well. Finviz.com and sec.gov/edgar should be your best friends when evaluating the fundamentals and financials of a company. Take the time to read some 10-Qs and learn about how P/E, P/S, FCF, debt/equity, ROA and the other financial metrics are used in evaluating the value of a company. Personally I still think the market has another 10% left to fall, but timing the bottom is something I’ll leave to those much smarter than me, and I will focus on what I deem to be good value plays.
My list:
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Taiwan Semiconductor Manufacturing Company Limited (TSM) under $80
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Roblox Corporation (RBLX) under $20
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Crocs, Inc. (CROX)
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Alphabet Inc. (GOOG) under $2200
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Intuit Inc. (INTU) under $325
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Shopify Inc. (SHOP) under $400(earnings is this week, might change my number on results)
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Verizon Communications Inc. (VZ)
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ZIM Integrated Shipping Services Ltd. (ZIM) under $55
This is my current watchlist some some of these might not reach my prices and that’s fine, but if they do I will start accumulating. Honorable mentions are AMD, SE and PYPL which I have already caught the knife on 🙁
To quote two goats:
“Be greedy when others are fearful” -Warren Edward Buffet
“The marathon continues” – Airmiess Joseph Asghedom
