Even after climbing roughly 4% across 2023's trading, the S&P 500 index still trades down approximately 16.5% from its high, and many companies in that index have seen valuation pullbacks far exceeding that level. While trading could remain volatile in the near term, history suggests the market will eventually bounce back and go on to set new highs -- and building positions in strong companies before that recovery takes place could help investors score big wins. 

If you're on the hunt for worthwhile investment opportunities, read on to see why two Motley Fool contributors think buying these particular beaten-down stocks would be a smart move right now. 

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Source Fool.com