It is like déjà vu all over again. Everyone seems to want to buy low, until it is time to buy low. Nowhere was this more evident then in March 2020. Those of us that got on that train, have reaped some of the most significant returns in our investing history.
“I am seeing similar things in March of 2021 – albeit not as widespread. The sell-off now is more focused on the technology names that led the rally in the last year.”
Typically, this will unearth some great opportunities in that the market will tend to punish with a broad brush and not distinguish between companies that have strong prospects regardless of the pandemic status, and those that do not.
As a result, I am finding lots of opportunities in March 2021, just as I did in March 2020. This month could represent the pause in the action prior to the next big move upward. Getting exposure to specific names that are significantly undervalued could propel these gains even further.
All aboard!