How I’d find must-own cheap shares in the new bull market

The 2020 stock market crash means that many sectors currently contain cheap shares. They could face difficult near-term futures due to economic risks being high. However, they may also offer long-term growth potential in a new bull market.

As such, focusing on companies with solid fundamentals and strong track records of growth could be a shrewd move. It may lead to the purchase of must-own stocks that can deliver impressive returns in the coming years.

Searching for cheap shares in troubled sectors

Many cheap shares are likely to be priced at low levels because of their uncertain near-term prospects. For example, they may operate in an industry that faces a difficult period because of factors such as weak consumer sentiment or…