ABNB - 2 Stocks Down 32% and 90% to Buy Right Now
2024-02-17 12:17:00 ET
The market's doldrums of 2022 have turned into durable tailwinds. The S&P 500 index has gained 20% over the last year, and fears of a recession that never arrived have given way to an official bull market.
But not every long-term winner has gotten the bullish memo yet, so savvy investors should be keeping an eye out for potentially undervalued growth stocks . Right now, Fiverr International (NYSE: FVRR) and Airbnb (NASDAQ: ABNB) stand out as two of the best investment ideas in Wall Street's bargain bin.
Anders Bylund (Fiverr International): In the rapidly evolving gig economy , Fiverr International stands out for its resilience but also for its remarkable potential for long-term growth. Amid a bustling marketplace of freelance platforms, Fiverr's strategic position and innovative approach pave the way for its sustainable expansion, yet it also sports a valuation that might raise eyebrows for its modesty.
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2 Stocks Down 32% and 90% to Buy Right Now