13 Cheap Stocks to Buy Today According to Media

Fahad Saleem
11 min read

In This Article:

In this article, we will take a look at the 13 cheap stocks to buy today according to media. To see more such companies, go directly to 5 Cheap Stocks to Buy Today According to Media.

Constant bombardment of news and making decisions based on day to day market updates gives a false sense of knowledge which often distracts investors and distorts their long-term outlook. When we examine the investment philosophies of those who made it while investing in the stock market, we notice a common theme: successful investors and billionaires don’t give in to the temporary pressures and keep their horizons vast and outlook wide.

For example, Stanley Druckenmiller, one of the most famous hedge funds and billionaires, often talks in detail about his journey in the investing world. There was a time he used to spend hours and hours analyzing a stock based on its fundamentals and then present his research report to his bosses. But Druck learned a lesson: he has to look at the factors that actually cause a stock price go up or down. Druckenmiller said many investors, even the experienced ones, don’t have a clue what makes their stocks rise and fall.

Staying disconnected from the short-term news cycle does not mean at all that you don’t pay attention to the important market forces at work. For example, the Federal Reserve is currently in a wait and see more when it comes to inflation. The central bank controls the most important lever in the economic system: credit/money. Coincidentally, Druckenmiller has been extremely vocal about the importance of liquidity and he’s been talking about the importance of paying attention to the central bank’s moves for years. Druckenmiller once said:

"The major thing we look at is liquidity, meaning as a combination of an economic overview. Contrary to what a lot of the financial press has stated, looking at the great bull markets of this century, the best environment for stocks is a very dull, slow economy that the Federal Reserve is trying to get going… Once an economy reaches a certain level of acceleration… the Fed is no longer with you… The Fed, instead of trying to get the economy moving, reverts to acting like the central bankers they are and starts worrying about inflation and things getting too hot. So it tries to cool things off… shrinking liquidity… [While at the same time] The corporations start having to build inventory, which again takes money out of the financial assets… finally, if things get really heated, companies start engaging in capital spending… All three of these things, tend to shrink the overall money available for investing in stocks and stock prices go down…"

Recommended Stories