7 Must-Buy Stocks That Are on Ridiculous Discount Now

MercadoLibre (MELI)

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Given that a mix of economic and geopolitical realities may push global business into the region, MELI seems a solid long-term idea.

Fortinet (FTNT)

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FTNT features a PEG ratio of 0.73x. Compared to the broader software field, the PEG ratio stands at 1.53x. Combined with consistent profitability, it’s one of the more exciting stocks on sale.

VICI Properties (VICI)

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These properties are located in the U.S. and Canada. Despite the entertainment portfolio, VICI suffered a loss of more than 10% year-to-date.

Discover Financial Services (DFS)

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In addition, it’s probably best known for its issuance of credit cards. To be sure, plastic use is popular now, given the $1.08 trillion of credit card debt.

AutoNation (AN)

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However, it’s also fair to point out that AN stock hasn’t suffered a catastrophic loss in the market. Quite the opposite, shares gained nearly 24% of equity value.

Jack in the Box (JACK)

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It’s also a bargain in terms of financial metrics. Currently, the market prices JACK at a forward multiple of 9.63X, lower than the sector median 17.39X.

Genmab (GMAB)

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Against traditional financial metrics, GMAB trades at a PEG ratio of 0.67x. In addition, the company’s three-year revenue growth rate clocks in at 37.9%.

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