Ready or not, a raging bull market is coming. This might be tough to grasp, considering that we just navigated our way through an unprecedented pandemic and the worst economic downturn in decades. But multiple catalysts are aligning under President Biden, and they’re generally all good news for equities.
Historically low lending rates are probably here to stay for at least the next three years. When coupled with multiple rounds of fiscal stimulus from Washington, it’s the perfect recipe for companies to borrow cheaply in order to hire, innovate, and acquire.
However, the early stages of an economic recovery are often dominated by the outperformance of value stocks. The following five deeply discounted stocks could be perfect additions to your portfolio during a Biden bull market.