Two Stocks Down Over 60% Worth Buying Now

Reported 3 days ago

As 2024 wraps up positively for the stock market, two significantly undervalued stocks, Carnival and Intel, emerge as attractive buying opportunities. Carnival shares rose 44% this year but remain 63% below their all-time highs, showing strong sales growth despite major debt challenges. On the other hand, Intel has seen its stock plummet 72% from previous highs amid competitive pressures and CEO changes, yet it holds valuable resources in chip design and manufacturing. Both stocks represent potential for recovery and long-term investment benefits.

Source: YAHOO

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