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A Bull Market Is Here: 2 Smart Stocks Down 16% and 65% to Buy Right Now


Published on 2024-12-01 06:01:14 - Thomas Matters
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  • Powered by big gains for Nvidia, Microsoft, and other mega-cap tech giants, the S&P 500 index has staged an incredible 26% rally so far in 2024. Meanwhile, the technology-heavy Nasdaq Composite index is up an even better 28% across the stretch.

The article from The Motley Fool, published on December 1, 2024, discusses investment opportunities in a bull market, focusing on stocks that are currently undervalued but have strong potential for growth. It highlights three companies: Tesla, which despite a dip in stock price due to production challenges, remains a leader in electric vehicles with significant future growth prospects; NVIDIA, whose stock has corrected after a surge but continues to benefit from the AI and gaming industries; and Shopify, which, after facing some operational hiccups, is poised for a comeback with its robust e-commerce platform. The article suggests that these stocks could be smart buys now, given their long-term growth potential and the current market conditions favoring recovery and expansion.

Read the Full The Motley Fool Article at:
[ https://www.fool.com/investing/2024/12/01/bull-market-here-smart-stocks-down-buy-now/ ]