In the fast-paced world of investing, downturns in the market often spark panic — but for smart investors, they can signal opportunity. The S&P 500 recently entered correction territory, and although it appears to be bouncing back, several high-quality stocks remain down by 20% or more. That includes Alphabet, Vistra, Dollar General, and Airbnb — all of which have strong fundamentals and long-term growth potential.
Here’s why you might regret not picking them up while they’re still discounted.
1. Alphabet (GOOG, GOOGL)
Alphabet, a cornerstone of the so-called “Magnificent Seven”, is currently the cheapest of the group — trading at under 19x forward earnings, significantly lower than the S&P 500’s average of over 26x.
This isn’t just a discount — it’s a potential bargain for a company with: