RBLX - 2 Stocks Down 53% and 71% to Buy Right Now
2023-12-01 10:00:00 ET
While the S&P 500 has climbed by about 19% so far in 2023, a lot of that has been driven by the gains of a relatively small number of massive tech companies with exposure to artificial intelligence (AI) trends. The stellar performances of companies including Nvidia , Apple , Amazon , Alphabet , and Meta Platforms have lifted the broad market index.
But there are still quality stocks that have sat out the rally or even lost ground across this year's trading. If you're looking for beaten-down buying opportunities in today's market, these two stocks now trade at big discounts from their highs, and have the potential to deliver fantastic returns.
Keith Noonan : Roblox (NYSE: RBLX) is an online gaming service that was launched in 2006. Rather than being a single game, Roblox is actually a platform that houses thousands of unique play and social experiences. Users can create and monetize their own content on the platform, and this dynamic has paved the way for a steady stream of new games, experiences, and content updates for players.
For further details see:
2 Stocks Down 53% and 71% to Buy Right Now