01.12.2024 11:31:00

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

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.But while high-profile tech companies have been dominating the headlines and rocketing to new valuation highs, investors shouldn't overlook the potential for wins in other sectors. If you're looking for stocks with strong market-beating potential, read on to see why two Motley Fool contributors think that investing in these two big-name consumer goods and services companies would be a smart move right now.Keith Noonan: If you're looking for stocks that offer an attractive risk-reward profile in today's market, it could pay to take some inspiration from Berkshire Hathaway CEO Warren Buffett. Notably, Berkshire sold shares in big names, including Apple and Bank of America, last quarter -- and it was a net seller of stocks overall in the period. But Buffett's company did invest in two consumer goods stocks: Domino's Pizza (NYSE: DPZ) and Pool Corp. Of these two stocks, I think that Domino's looks like a particularly good investment right now.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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