While the S 500 index has climbed roughly 13.5% this year, there are still some intriguing stocks out there that trade at massive discounts. Investors have to be selective about which of these beaten-down companies they put their money behind, but backing the right ones could be a path to market-crushing gains. 

If you're on the hunt for the best of the market's deeply discounted growth stocks, read on to see why two Fool.com contributors think that these underappreciated companies could deliver massive wins. 

Keith Noonan: (NASDAQ: STNE) is a Brazilian fintech company that went public in 2018. At the start of this decade, the company's core payment-processing services business produced strong results, and its lending services for small and medium-sized business had encouraging momentum.

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Source Fool.com