These are the best oversold stocks to buy now for May 2022, says Lucas Downey of Mapsignals.com.
Stocks don't go up in a straight line. Pullbacks can offer deals to the patient investor. As markets digest higher inflation, rising interest rates, and a Russian war—great companies will eventually thrive. At MAPsignals, we are long-term focused.
When solid companies get sold hard, it can be an opportunity. Technology stocks are reaching attractive levels in our opinion.
Let's break down the following five best oversold stocks to buy now for May 2022:
- Meta Platforms, Inc. (FB)
- Apple, Inc. (AAPL)
- Garmin Ltd. (GRMN)
- Alphabet, Inc. (GOOGL)
- Visa, Inc. (V)
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Disclosure: Luke holds long positions in GRMN, GOOGL, and V in personal and managed accounts at the time of filming.
To learn more about Lucas Downey, visit Mapsignals.com.