3 Boring but Beautiful Stocks to Buy Right Now

Legendary investor Peter Lynch knows something about 1,000%+ gains. His Magellan Fund, which he presided over from 1977 to 1990, achieved an average annual return of 29.2% throughout his tenure, turning $1,000 invested in 1977 into $28,000. That's a gain of 2,700%. This track record included multibaggers on companies like Yum! Brands' and then-unknown micro-cap apparel retailer The Gap.In his book One Up On Wall Street, Lynch explains how he did it. His two first criteria are that (1) the company name sounds dull and (2) the company does something dull. If a company offers unglamorous products that people think they can't do without, is profitable, and is never a subject of conversation at cocktail parties, Lynch was interested. Here are three boring but beautiful companies that fit the Lynch view and could deliver massive gains over time.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool