2 Stocks Down 33% and 52% to Buy Right Now
To the relief of investors, the market has bounced back considerably from its troubling performance last year. While the S 500 plunged 19.4% in 2022, it has soared more than 18% higher so far in 2023.
But that's not to say that all stocks have recovered. (NYSE: BA) and NextEra Energy Partners (NYSE: NEP) have both lagged the market's strong performance, and are down considerably from their all-time highs. Let's take a look at why two fool.com contributors find these stocks particularly attractive now.
Lee Samaha (Boeing): It's been a tough five years for Boeing. If it wasn't the grounding of the 737 MAX, it was the travel restrictions imposed on the populace by governments. If it wasn't the travel restrictions and the financial pressure put on its airline customers, it was the difficulty of ramping up airplane production due to the ongoing supply chain crisis. If it wasn't multi-billion dollar cost overruns and delays on fixed-price military contracts, it was soaring costs, labor shortages, and component unavailability in its defense business.
Source Fool.com
Boeing Co. Stock
Our community is currently high on Boeing Co. with 36 Buy predictions and 6 Sell predictions.
As a result the target price of 225 € shows a positive potential of 34.18% compared to the current price of 167.68 € for Boeing Co..
