U.S. stock markets have been choppy this
year, thanks to gyrations in oil price movements. It takes two to
tango, and the oil price and the major indexes have become close
partners. Whenever the oil price moved up, the indexes climbed, while
any downward movement in the oil price dragged the indexes down.
Meanwhile, a slew of mixed economic reports failed to give a clear
picture about the state of the U.S. economy. Dilemma about future rate
hikes also continued to linger.
Given
this uncertainty, it will be wise to invest in value stocks. Value
investors look for volatile times to pick up stocks at a discount, which
are at the same time fundamentally strong to withstand any economic
downturn.
Our research shows that 4 value stocks to buy now...
Source: Zacks