2026 Market Drop. 5 Stocks to Buy Right Now.

Market Overview - The S&P 500 has been declining due to rising oil prices, influenced by ongoing conflicts in the Middle East, leading to uncertainty about the duration of this trend [1] - Despite the market dip, several stocks are currently trading at a discount, presenting potential buying opportunities [2] Carnival (CCL) - Carnival is the leading cruise operator and has shown strong recovery post-pandemic, but is facing challenges due to rising oil prices, which significantly impact operational costs [4] - The company reported record operating income, yet prolonged oil shipment issues could negatively affect its financial outlook [4] - Carnival is trading at 12 times trailing earnings, indicating it may be undervalued despite current market concerns [5] Apple (AAPL) - Apple has faced disappointment in the market due to lagging behind competitors in AI development, but has seen a 23% year-over-year increase in iPhone sales, indicating strong demand [6] - Investor sentiment is shifting positively towards Apple, especially with its strategic $1 billion deal to utilize Alphabet's Gemini LLM, which may be more beneficial than developing its own [6] - The stock is down 7% this year, but is considered a strong long-term investment opportunity [7] MercadoLibre (MELI) - MercadoLibre is a dominant player in Latin American e-commerce and fintech, with significant growth potential due to underpenetrated markets [9] - Despite a 47% year-over-year revenue increase in Q4 2025, the stock has dropped 14% this year, trading near a five-year low P/E ratio of 42, presenting a buying opportunity [10] Dutch Bros (BROS) - Dutch Bros has rapidly expanded its store count and plans to double it again by 2029, with a 29% year-over-year revenue increase in Q4 2025 [13] - The stock is down 18% this year and trades at a high P/E ratio of 50, reflecting market excitement about its future despite inflation concerns [14] On (ONON) - On is a Swiss athletic wear company experiencing rapid sales growth and maintaining the highest gross margin in its industry, with a 30% year-over-year sales increase in Q4 2025 [16] - The stock is down 16% year to date and trades at a P/E ratio of 52, which is a discount compared to its three-year average of 100, suggesting a good long-term investment opportunity [17]