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2 Stocks Down Over 60% to Buy Right Now

TheMotleyFool

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2 Stocks Down Over 60% to Buy Right Now: https://g.foolcdn.com/editorial/images/714680/a-person-stacks-gold-coins-on-top-of-grey-black-and-golden-hexagons.jpg

As bad as the 2022 sell-off on the S&P 500 and the Nasdaq Composite has been, there are plenty of companies that are down far worse than the broader indices. Even industry-leading companies like Tesla (NASDAQ: TSLA) and Stanley Black & Decker (NYSE: SWK) are down over 60% year to date (YTD).

Both companies may have fallen too far. Tesla is starting to look like a good value, while Stanley Black & Decker is a blue-chip dividend stock that is a reliable source of passive income. Here's what makes each company a great buy now.

Image source: Getty Images.

Source Fool.com

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