The S&P 500 index hit a record high last month, and it has continued to notch new peaks in February's trading. While there are actually multiple definitions of what constitutes a bull market, one thing seems clear -- we're in one right now.

But while the S&P 500 is at a record level -- and up 40% from its recent October 2022 low -- there are actually some great stocks that are still down big from their highs of the last few years.

Read on to see why two Motley Fool contributors think you should pounce on these investment opportunities before they rebound due to strong business results and the market's bullish momentum.

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Source Fool.com