2 Beaten-Down Stocks That Are Screaming Buys in March

Group 1: Spotify Technology - Spotify stock is down more than 20% from its all-time high of $648, presenting a buying opportunity for long-term investors [2] - Despite the stock price pullback, Spotify's fundamentals remain strong, with total revenue increasing to 4.2 billion euros, up 16% year over year [3][6] - Spotify achieved its first full year of profitability in 2024, with an operating income of 477 million euros and an operating margin of about 11% [4] - Monthly average users (MAUs) grew by 12% year over year, and free cash flow increased by 121% from a year earlier [6] - Long-term investors should focus on Spotify's fundamentals, as the company shows significant growth potential [7] Group 2: Amazon - Amazon's stock has dropped nearly 20%, despite having reached new all-time highs prior to the correction, indicating potential undervaluation [8] - The trailing-12-month price-to-earnings (P/E) ratio for Amazon is about 34x, the lowest in the last 10 years, suggesting it may be a good buying opportunity [9] - Amazon's e-commerce unit is becoming increasingly attractive to consumers, aided by capital expenditures made during the pandemic [10] - Advancements in artificial intelligence (AI) and robotics may lead to further cost savings for Amazon, benefiting both customers and shareholders [11] - With the stock at an all-time low valuation, long-term investors may find it advantageous to accumulate shares [11]