Buy low, sell high. Those four words have served as the core of many investors' strategies for years. The trick, of course, is to find stocks with low prices that are practical slam dunks to be priced much higher in the future.

That's actually not a difficult challenge in today's market. Even with the overall stock market off to a good start in 2023, there are plenty of great bargains to be found. Here are three stocks down 48% or more that are screaming buys right now.

Once upon a time, Amazon (NASDAQ: AMZN) ranked as a high-flying stock that could seem to do no wrong. Those days are over. Shares of the e-commerce and cloud-hosting giant are now down close to 47% from the previous high set in 2021.

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Source Fool.com