2 Stocks Down 34% and 42% to Buy Right Now

With just over a month to go in 2024, it's fair to say that it's been a good year for stocks. The S&P 500 index's level has risen 26% across the stretch, and the more growth-oriented Nasdaq Composite index has rocketed 42% higher.While a powerful bull market is in swing and some companies are rocketing to new highs, there are still high-quality growth stocks out there that are trading far below previous valuation peaks. With that in mind, read on to see why two Motley Fool contributors think these stocks are good buys while they're still down big from their highs.Keith Noonan: Like some other high-profile chip companies, Micron Technology (NASDAQ: MU) has seen increased sales and profits, thanks to artificial intelligence (AI) trends. The company is a leading provider of memory solutions, and rising demand for storage that can hold the data for AI applications has driven revenue higher.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool