PFE - 2 Stocks Down More Than 30% to Buy Right Now
2024-06-27 04:27:00 ET
The S&P 500 is soaring as this bull market roars on, but some stocks, even those that have rebounded in recent times, still are trading at much lower levels than in the past. In fact, two stocks that have dropped in the double digits over the past few years are coronavirus vaccine giants Moderna (NASDAQ: MRNA) and Pfizer (NYSE: PFE) .
The two companies have suffered as demand for the vaccine weakened and investors worried about their future prospects. But this doesn't mean you should avoid these healthcare players. Fool.com contributors Adria Cimino and Keith Speights discuss why Moderna and Pfizer, following their losses, represent promising long-term buys right now.
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2 Stocks Down More Than 30% to Buy Right Now