Investors watched in disbelief on Friday as the S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) sunk a massive 70 points or 1.2% to sit at just 5876 point following a weak lead from international equity markets overnight.
On a day where most stocks are trading in the red, it can be easy to become overwhelmed, and even downright terrified. With the ASX 200 trading near a seven-year high and uncertainty creeping back into the economy, investors are fearful that a correction could be just around the corner.
3 Great Opportunities
Luckily for long-term investors, that fear is creating some fantastic long-term buying opportunities. Two companies that look appealing today are Greencross Limited (ASX: GXL) and G8 Education Limited (ASX: GEM).
Both are employing 'rollup' strategies in their respective industries (veterinary services; and childcare centres) and have delivered enormous shareholder value in doing so. However, investors have sold both stocks en masse more recently, allowing those with a long-term focus to buy two high quality companies at discounted prices. Greencross is down 5.6% for the day at $7.10, while G8 Education is trading 4.6% lower at $3.52.
Meanwhile, Westfield Corp Ltd (ASX: WFD) has also fallen 3% and is now trading at $9.64 per share. Westfield Corp owns and operates all of the Westfield brand's shopping centres in the United States and United Kingdom, not only offering investors exposure to two recovering economies, but also the ability to benefit from a weaker Australian dollar.
