A Bull Market Is Here: 2 Super Stocks Down 21% and 30% to Buy Right Now

Even with the recent bout of market volatility, 2024 has been a fantastic year for stocks. The S&P 500 index has delivered a dividend-adjusted total return of roughly 25% across this year's trading. Meanwhile, the more growth-heavy Nasdaq Composite index has delivered a total return of 30%.This year's performance has marked one of the most impressive annual bull runs in stock market history, and major indexes have managed to notch new highs at multiple points across the stretch. But while many stocks now trading at or near record highs could continue to march higher next year and beyond, investors shouldn't overlook some great companies that have been relative underperformers lately. Read on to see why two Motley Fool contributors think that investing in these stocks is a smart move right now.Keith Noonan: Uber Technologies (NYSE: UBER) is the leader in the ride-hailing market, and it's been serving up some pretty impressive sales and margin growth. On the other hand, it's facing the risk of potential disruption from companies including Tesla and Alphabet's Waymo subsidiary. The company's revenue increased 20% year over year to $11.2 billion in the third quarter, and operating income increased 169% year over year to $1.06 billion.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool