Buying shares of great companies at a good price is a genius move at any time, and the current market beatdown has left many an equity sitting in what could be prime territory for a long-term buy. Right now there are many that appear to have moved into value stock territory given their relatively inexpensive share price, consistent revenue streams, and long-term performance records. Three that I would like to point to now are real estate investment trusts (REITs) that are particularly strong brand names in their respective sectors: logistics giant Prologis (NYSE: PLD), data center operator Digital Realty (NYSE: DLR), and retail space leader Agree Realty (NYSE: ADC).
Strong consumer demand during last week's big shopping weekend could be a huge relief for Amazon (NASDAQ: AMZN) investors. The online retail giant saw its inventory levels explode last year after it expanded its fulfillment network and stocked its warehouses full of KitchenAid mixers, iPads, and all the trinkets people love to buy on Amazon.com. Amazon was already showing signs of an improving inventory picture this summer.
Amazon (NASDAQ: AMZN) has had a tough year. The e-commerce and cloud computing giant has reported quarter after quarter of declines in operating income. The e-commerce and cloud computing services markets are forecast to grow in the double digits this decade.