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2 Bargain Stocks Billionaires Are Buying


A tech-driven stock-buying rally has sent the major market indexes to new highs this year, but the rally has been uneven, as some consumer brands work to manage a tough sales environment. Shares of several leading consumer goods brands now trade well off their previous highs.

In the hunt for stock bargains in an elevated market, it's not surprising to see the most successful fund managers scooping up stocks with real potential to eventually recover. For instance, Bill Ackman of Pershing Square Holdings and David Einhorn of Greenlight Capital added shares of Nike (NYSE: NKE) and Peloton Interactive (NASDAQ: PTON) to their firm's holdings in the second quarter.

Here's why these two bargain stocks could earn investors, including these two billionaires, a nice profit over the next few years.

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Source Fool.com

Peloton Interactive Inc. Stock

€4.18
2.080%
Peloton Interactive Inc. gained 2.080% today.
Our community is currently high on Peloton Interactive Inc. with 9 Buy predictions and 6 Sell predictions.
As a result the target price of 5 € shows a slightly positive potential of 19.73% compared to the current price of 4.18 € for Peloton Interactive Inc..
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