A Bull Market Is Here: 2 Brilliant Stocks Down 31% and 12% to Buy Right Now

The S&P 500 (SNPINDEX: ^GSPC) has soared nearly 26% higher so far across 2024's trading, and its level sits quite near a record high. The stock market has benefited from improving macroeconomic conditions, excitement surrounding artificial intelligence (AI), and the possibility that next year could bring a new round of corporate tax cuts.But while many high-profile stocks have managed to reach new highs this year, some high-quality companies still trade at substantial discounts compared to previous valuation highs. If you're looking for investment opportunities that look poised to bound higher over the long term, read on to see why two Fool.com contributors think that adding these stocks to your portfolio would be a smart move right now.Jennifer Saibil: Dutch Bros (NYSE: BROS) stock still trades about 30% off of its all-time highs, but it's up 68% year to date. The company has been demonstrating phenomenal performance for quite some time, and many of the risks the market was factoring into its stock price are being alleviated.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool