2 Beaten-Down Stocks to Buy Right Now
Disney(DIS) The Motley Fool·2024-07-10 09:45
DigitalOcean and Disney are unloved and likely undervalued.While the major stock market indices have surged to start 2024, some stocks have taken a beating over the past few years. Cloud computing provider DigitalOcean (DOCN -6.52%) and entertainment juggernaut Walt Disney (DIS -0.33%) have disappointed investors, with both stocks down at least 50% from their peaks.While both companies are facing challenges, there are some good reasons to buy the stocks at beaten-down levels.DigitalOceanSince peaking during ...