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2 Stocks Down 12% or More This Year to Buy Hand Over Fist

TheMotleyFool

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2 Stocks Down 12% or More This Year to Buy Hand Over Fist: https://g.foolcdn.com/editorial/images/722295/physician-talking-to-patient.jpg

Is the bear market over? Equities have been rallying since 2023 started, with all three major U.S. market indexes in the green year to date. It's hard to know whether that will continue. Many corporations are rebounding, while others have been southbound to start the year.

Consider two examples: Eli Lilly (NYSE: LLY) and Intuitive Surgical (NASDAQ: ISRG). These healthcare leaders are down by 12% and 13%, respectively, in 2023. Both face some headwinds, but for long-term investors, this recent dip, if anything, is a good buying opportunity. Read on to find out why.