2 Top Stocks Down 53% to Buy Right Now
Stock market sell-offs can be scary, but they are also often the best times to buy shares of longtime stalwarts that have proven capable of navigating fierce storms -- particularly if those companies are preparing themselves for growth. For example, consider Ford (NYSE: F) and (NYSE: BA).
Both hold enviable positions in their respective industries, but have also faced their fair share of challenges that have weighed down on their stock prices. Both Ford and Boeing, though, are now trying to turn things around, and their efforts could set them up for bull runs in the near future. Here's why these two stocks are compelling buys right now.
Neha Chamaria (Ford): Ford's market capitalization topped $100 billion for the first time ever in January 2022. Shares of the iconic automaker hit a 20-year high as investors bet on CEO Jim Farley to turn it around with a focus on electric vehicles (EVs).
Source Fool.com
Boeing Co. Stock
Our community is currently high on Boeing Co. with 36 Buy predictions and 5 Sell predictions.
As a result the target price of 222 € shows a positive potential of 25.99% compared to the current price of 176.2 € for Boeing Co..