2 Growth Stocks Down 60% or More to Buy Right Now

As the major market indices hit new highs, investors can still find undervalued stocks set up for attractive returns. We'll look at two discounted growth stocks trading between 60% to 80% below their previous peaks. These businesses are experiencing growing demand for their services and trade at low valuations relative to expected earnings.Image source: Getty Images.Despite rising 62% over the last year, Carnival (NYSE: CCL) stock remains deeply undervalued and trading 60% off its all-time high before the pandemic. Management has already raised its full-year guidance three times this year, as demand for cruises remains red-hot.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool