2 Stocks Down 42% to Buy Right Now
We might be back in a new bull market (depending on how you define the end of a bear market), but the broad indexes still trade down from all-time highs set over a year ago. And some stocks, especially the "pandemic winners," still trade at deep discounts compared to those heights.
That means that, despite the markets' growth so far in 2023, there are still opportunities for long-term investors to take advantage of the sell-off. There are two stock market bargains, in particular, that a couple of Motley Fool contributors think you should buy right now -- MercadoLibre (NASDAQ: MELI) and Airbnb (NASDAQ: ABNB). Here's why these two discounted stocks are worth further consideration.
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Source Fool.com
Mercadolibre Inc Stock
€1,497.6
-1.470%
With 23 Buy predictions and not a single Sell prediction Mercadolibre Inc is an absolute favorite of our community.
As a result the target price of 1792 € shows a slightly positive potential of 19.66% compared to the current price of 1497.6 € for Mercadolibre Inc.
