It is often suggested that Wall Street is efficient in the way it prices stocks. That's actually true over long periods of time, but over short periods, investors can be quite emotional. This emotionality can open up buying opportunities for investors who focus on the long term.
Right now could be a good time to take a contrarian stance and buy Realty Income (NYSE: O) and PepsiCo (NASDAQ: PEP), which both appear to be trading at absurdly cheap prices. Here's why you might want to go against the crowd.
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