After a tumultuous year of volatile trading, many stocks have recovered somewhat in recent weeks. However, some promising technology stocks are still trading well below recent highs.
That's why investors currently can buy high-quality stocks on fire sale, even though they promise to deliver high returns during the downturn. Here are two well-oiled cash machines with high growth potential, trading at fantastic discounts. Both are great investment options if you have $1,000 of investable cash available .
Data storage specialist Dropbox (NASDAQ: DBX) is having a rough year. Year-over-year revenue growth has slowed down from 19% in the fall of 2019 to 7.4% in November's third-quarter report. The stock is down 31% from the multiyear highs of September 2021, and there are reasons for the negative move.
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Got 1,000? 2 Cheap Stocks to Buy Right Now