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The stock market has rallied sharply since crashing in March. Although the S&P 500 was down by roughly 40% from all-time highs at the depths of the plunge, it is now within shouting distance of being positive for 2020.
However, there are still some bargains to be found in the most beaten-down sectors, and many aren't as risky as you might think. Hotel real estate investment trust (REIT) Ryman Hospitality Group(NYSE: RHP) and online bank Axos Financial(NYSE: AX) are still lower by 57% and 29%, respectively, year to date, and could be bargains for patient long-term investors.