My 2 Favorite Stocks to Buy Right Now
The market is ripe with excellent buying opportunities today, from quality stocks that have been unfairly beaten down to unstoppable players that have plenty of room to run. But two of my favorite types of stories right now are promising recoveries and young, undiscovered gems. Two perfect examples are Carnival (NYSE: CCL) (NYSE: CUK) and (NYSE: CHWY).
Carnival is the recovery story, making incredible progress after difficult times earlier in the pandemic. And Chewy, after reaching the milestone of its first profit in 2022, is expanding in smart areas that could increase this young company's growth over time. These and other points make them my two favorite stocks to buy right now. Let's take a closer look at each.
Image source: Getty Images.
Source Fool.com
Chewy Inc Stock
With 38 Buy predictions and 3 Sell predictions Chewy Inc is one of the favorites of our community.
As a result the target price of 27 € shows a slightly positive potential of 19.84% compared to the current price of 22.53 € for Chewy Inc.
