Tech Sell-Off: 2 Stocks Begging to Be Bought Right Now
While it might not seem like it, now is the best time to be buying high-quality companies. Some stocks that have been hammered are still executing on a fundamental level, which could allow their stock prices to shoot higher once the overwhelming fear of investing has dissipated. Both MercadoLibre (MELI 9.96%) and PubMatic (PUBM 16.16%) are continuing to execute, and their futures look bright, despite macroeconomic uncertainty. Investors are scared about owning stocks right now, which could create a great buying opportunity for these two companies.
The Latin American e-commerce and payments giant has been crushed recently, falling nearly 64% off its all-time highs set in early 2021. This has brought its valuation down to just 4.5 times sales, the company's lowest valuation since 2009. However, the company's …
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