A Bull Market Is Here: 2 Smart Stocks Down 35% and 60% to Buy Right Now

Tech stocks have been red hot in 2024. Powered by artificial intelligence (AI) demand and expectations that this incredible tech shift is still in the early stages of unfolding, megacap tech companies including Nvidia, Apple, Microsoft, and Palantir have rocketed to new valuation highs. In turn, these explosive gains have powered incredible returns for major indexes.The S&P 500 index is up an impressive 28% across this year's trading. Meanwhile, the even more tech-heavy Nasdaq Composite index is up 32% across the stretch. But even though a bull market is in swing and many high-profile companies are notching incredible performance, there are actually some great companies with explosive return potential that are down big from previous highs.With those potential investment opportunities in mind, read on to see why two Fool.com contributors think that buying these stocks would be a smart move right now.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool