2 Stocks Down 49% and 68% to Buy Right Now
For anyone desperate to find concerning data and indicators for near-term stock market performance, there's no shortage of worry points to choose from. Lately, investors have been forced to weigh the prospect that the economy will see a significant downturn this year and the possibility that inflation hasn't been tamed enough for the Federal Reserve to pivot away from raising interest rates.
The combination of unfavorable macroeconomic conditions and uncertainty on the horizon have created an unfavorable backdrop for stocks with growth-dependent valuations. But the upside of this dynamic is that there are now great companies trading at levels that leave room for fantastic long-term gains. If you're on the hunt for great growth companies trading at a lower price, read on for a look at two stocks trading at worthwhile discounts.
Image source: Getty Images.
Source Fool.com
