If you’re a contrarian investor, you know that the market loves to overreact—and that mass hysteria can hand you some nice profits.
That’s because panicked first-level investors toss great investments over the side along with the bad. We’re happy to step in when they do, buy at a discount, then sit back and watch the price snap back.
This is exactly what Warren Buffett refers to when he says to “buy when there’s blood in the streets.”
And it’s even better if there are high dividend payouts on offer.
Funny thing is, these deals are often hiding in plain sight. In fact, one of the most popular stocks in the world was ridiculously underpriced just under two years ago: Apple (AAPL).…
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