a once-in-a-lifetime chance to buy cheap stocks?

The 2020 stock market crash has left a wide range of cheap stocks across many sectors. Although they could yet fall further in the short run due to ongoing political and economic risks, they may deliver strong recoveries in the long run.

Such opportunities have historically been relatively rare. And, with major stimulus programs in place across many economies and the prospect of fewer lockdown restrictions in 2021, the outlook for high-quality companies that trade at low prices could be relatively positive.

The 2020 stock market crash: a rare event?

This year’s stock market crash was a relatively rare event. In fact, many of today’s cheap stocks have not traded at their current prices in over a decade. The last time they did…