2 Stocks Down 42% to Buy Right Now
We might be back in a new bull market (depending on how you define the end of a bear market), but the broad indexes still trade down from all-time highs set over a year ago. And some stocks, especially the "pandemic winners," still trade at deep discounts compared to those heights.
That means that, despite the markets' growth so far in 2023, there are still opportunities for long-term investors to take advantage of the sell-off. There are two stock market bargains, in particular, that a couple of Motley Fool contributors think you should buy right now -- MercadoLibre (NASDAQ: MELI) and Airbnb (NASDAQ: ABNB). Here's why these two discounted stocks are worth further consideration.
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Source Fool.com
Mercadolibre Inc Stock
€1,540.4
0.170%
The stock is an absolute favorite of our community with 35 Buy predictions and no Sell predictions.
With a target price of 2286 € there is a positive potential of 48.4% for Mercadolibre Inc compared to the current price of 1540.4 €.
