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2 Stocks Down 42% and 80% to Buy Right Now

Keith Noonan and Josh Kohn-Lindquist, The Motley Fool
·4-min read
2 Stocks Down 42% and 80% to Buy Right Now

With the S&P 500 index up 16% in 2023 and the Nasdaq Composite index up 32%, it's generally been a great year for the market. If you're on the hunt for cheaply valued stocks capable of delivering fantastic returns, read on to see why two Motley Fool contributors identified American Tower (NYSE: AMT) and PayPal (NASDAQ: PYPL) as great buys right now. Josh Kohn-Lindquist (American Tower): A recent Ericsson Mobility Report showed that mobile data traffic in the United States is expected to rise by 20% annually through 2028.

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