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These two companies have underperformed the market recently but could still be smart long-term investments.
The stock market has been generally strong in 2023 so far, but there are still some bargains to be found. In this video, Fool.com contributor Tyler Crowe and I sit down to discuss why you might want to take a look at Block (XYZ 2.46%) and Safehold (SAFE -1.87%), both of which are just above their 52-week lows.
*Stock prices used were the afternoon prices of Sept. 14, 2023. The video was published on Sept. 15, 2023.
Matthew Frankel, CFP® has positions in Block and has the following options: short January 2024 $200 calls on Block. Tyler Crowe has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Block and Safehold. The Motley Fool has a disclosure policy.
Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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