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One of the primary goals to invest your savings is to grow them over time and beat inflation rates consistently, thereby increasing your purchasing power. These savings can be used to buy a house, or pay off debt, or even fund your retirement. With interest rates hovering near record lows, it makes sense to buy and hold quality stocks over the long term.
You need to identify companies that are undervalued and trading at a discount to their intrinsic value. It might be a difficult process given that indexes are trading near record highs. However, we’ll look at two such undervalued companies that should derive outsized gains for investors going forward.
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