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Have $500? 2 Absurdly Cheap Stocks Long-Term Investors Should Buy Right Now


Investors typically look back at the lows of past market crashes and think: "If only I could have bought stocks at those prices." While the market might not be at its bottom today, it is certainly possible that investors could be seeing historically cheap prices considering that the Nasdaq Composite index is down over 31% from its highs, and the Dow Jones Industrial Average is down 19%.

Whether the market is at its bottom or not, there are still absurdly cheap stocks available to investors today. MercadoLibre (NASDAQ: MELI) and Figs (NYSE: FIGS) are two that particularly stand out. The current valuations of these stocks might be once-in-a-lifetime opportunities, and you might not want to miss out on these unbelievably cheap prices.

Image source: Getty Images.

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Source Fool.com

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